“FTSE 100: European Stocks Rise and US Mixed Ahead of UK Inflation Print” – Yahoo Finance UK

European stocks rose on Tuesday as traders eagerly awaited the release of the UK inflation print, with the FTSE 100 leading the gains. Meanwhile, US stocks had a mixed performance as investors digested the latest economic data.

The FTSE 100 index in London climbed higher, buoyed by optimism surrounding the UK economy and hopes for a strong inflation reading. Traders are closely watching the data, as a higher-than-expected inflation print could potentially lead to a more hawkish stance from the Bank of England.

In Europe, the Stoxx 600 index also edged higher, supported by gains in technology and healthcare stocks. However, concerns about rising COVID-19 cases and the potential impact on economic growth continue to weigh on investor sentiment.

In the US, the major stock indices were mixed as traders digested a mixed bag of economic reports. While retail sales came in below expectations, industrial production exceeded forecasts, pointing to a resilient economy.

Investors are also keeping a close eye on the latest developments in the ongoing trade dispute between the US and China, as well as the Federal Reserve’s monetary policy decisions.

Overall, market participants remain cautiously optimistic about the global economic recovery, but are also mindful of the potential risks and uncertainties that lie ahead. The coming days will be crucial as traders await the UK inflation print and further updates on key economic indicators.