European markets expected to open positively due to US inflation data and potential Fed rate cuts; Dow Jones surpasses 40,000.

European markets expected to start the new trading week positively, with global markets boosted by softer-than-expected US inflation data in April, increasing hopes of US Federal Reserve rate cuts. U.S. stock futures also rose, with the Dow Jones Industrial Average surpassing 40,000 for the first time. Asia-Pacific markets mostly rose overnight, tracking Wall Street gains, as investors await regional economic data.

May 20, 2024
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