European stocks gain as focus turns to inflation: Markets Wrap


Source: finance.yahoo.com finance.yahoo.com

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(Bloomberg) — European stocks rose at the start of a week featuring key readings on inflation in the US and the UK that investors will study for clues on the outlook for interest rates. Most Read from Bloomberg The Stoxx 600 index climbed 0.5%, with sentiment buoyed by Friday’s gains on Wall Street. Health stocks were among the strongest performers, with Novo Nordisk A/S rallying after a study backed the use of Wegovy, its blockbuster weight-loss drug, to cut heart attacks and deaths in obesity patients with a history of heart disease. Contracts for the S&P 500 and the Nasdaq...