London's FTSE 100 closed higher on Wednesday for the fourth straight session, supported by healthcare and energy stocks as signs of cooling inflation in the U.S., the world's largest economy, boosted investor sentiment.
Global stocks rallied after data showing a moderation in U.S. headline inflation in March spurred hopes that the Federal Reserve may soon pause its monetary tightening.
"The data painted a mixed picture in terms of the deflationary story and headline inflation obviously was lower," said Stuart Cole, head macro economist at Equiti Capital
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