NEWS Desk Global
STOCKS RISE ON US INFLATION DATA AND CHINA STIMULUS
Global stock indexes hit all-time highs on Friday after China's central bank lowered interest rates and injected liquidity into its banking system and U.S. inflation continued to ease, while Treasury yields dipped.
The yen firmed against the dollar after Japan's former defense minister Shigeru Ishiba looked set to become the next prime minister. Europe's benchmark STOXX 600 index rose to a record high, and the Dow and the MSCI global stock index also hit record intraday highs.
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