Stocks Rise With More US Data Due After CPI Boost: Markets Wrap.

CONSUMER confidence; BOARD of Governors of the Federal Reserve System (U.S.); ECONOMIC statistics; U.S. dollar; DOW Jones industrial average; STOCKS (Finance); WALL Street (New York, N.Y.); UNEMPLOYMENT insurance; DOW Jones averages; MUNICIPAL bonds; FUTURES market

European stocks and US equity futures rose as traders anticipated more economic data that could support a Federal Reserve interest-rate cut next month. Shares in Bavarian Nordic A/S, a company with an approved mpox vaccine, surged after the World Health Organization declared a global public health emergency due to a fast-spreading outbreak of the disease. The Stoxx 600 Index in Europe also saw gains. US futures indicated a positive opening on Wall Street, following the S&P 500's fifth consecutive day of gains, driven by benign inflation figures that reinforced expectations of a Fed interest-rate cut. [Extracted from the article]

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