Devdiscourse4h ago

Global stocks jump as softer U.S. inflation and strong earnings lift MSCI world index

Global equities surged on Wednesday, pushing MSCI’s global stock index sharply higher after U.S. inflation data unexpectedly cooled. The move followed a second straight day of strong corporate earnings, reinforcing expectations the Federal Reserve could shift its policy stance. Major U.S. indexes, including the Dow, S&P 500 and Nasdaq, all posted gains. Oil prices edged up after U.S.-Iran tensions escalated with new U.S. strikes on Iranian defense systems, according to agency reports.

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