Investing.com - European stock markets traded mostly higher Friday, ending the week on a positive note as investors digest regional economic data as well as the political climate ahead of the release of key U.S. inflation numbers.grew 0.7% in the first three months of this year compared with the previous quarter, above an initial estimate of 0.6% growth.Although the overall growth picture remained weak, with first-quarter gross domestic product just 0.
Across the pond, Democratic U.S. President Joe Biden and his Republican rival Donald Trump debated on Thursday night, offering voters the opportunity to judge the two oldest candidates ever to seek the U.S. presidency.There was some good news, as although global mergers and acquisitions activity grew at a sluggish pace in the second quarter, dealmakers are reasonably confident transactions will pick up in the second half of 2024.
Fears of a wider war between Israel and Lebanon’s Hezbollah kept markets on edge over disruptions in crude supplies, while attacks by Ukraine on major Russian fuel refineries also pointed to potential disruptions in oil supplies from Moscow., which ramped up concerns that U.S. fuel demand was slowing, especially as the country grapples with sticky inflation and high interest rates.
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