European stocks close higher as energy eases
Euro STOXX 50 rose 0.8% to 6,323 and STOXX Europe 600 added 0.5% to 639.1 on Friday.
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U.S. Producer Prices Flat In July, Annual PPI Eases To 4.7%
The U.S. Producer Price Index was unchanged in July versus economists’ expected 0.2% rebound after June’s upwardly revised 0.1% decline, while the annual rate eased to 4.7% from 5.5%.