International News
US close: Stocks manage positive finish as inflation marches higher
Wall Street stocks closed above the waterline on Thursday, as market participants rifled through a consumer price index that revealed a bigger-than-expected increase in price pressures and a fresh batch of jobless claims data.
Europe close: Stocks end at record highs going into US Fed meeting
European shares hit record highs on Friday buoyed by the European Central Bank's decision the day before to increase its pace of asset purchases despite rising inflation.
US consumer sentiment improves in June
US consumer sentiment improved more than expected in June, according to a preliminary reading from the University of Michigan.
US pre-open: Futures higher following yesterday's hotter-than-expected inflation CPI print
Wall Street futures were in the green ahead of the bell on Friday after the S&P 500 closed at a fresh record high in the previous session.
Asia report: Markets mixed after US consumer prices surge
Markets in Asia finished in a mixed state on Friday, as investors digested the latest inflation data out of the United States overnight, which showed consumer prices surging at the fastest rate since 2008.