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Europe close: Stocks end higher but off best levels after US CPI report
European shares pushed further ahead on Wednesday as investors digested slightly weaker-than-expected US inflation data for March that led many economists to say that the Federal Reserve would likely push ahead with another 25 basis point interest rate hike at its next meeting.
Sector movers: Property stocks offset losses among precious metals miners, travel names
Property stocks paced gains on the stock market on Wednesday after Great Portland Estates said that it had delivered "a record leasing year".
Thursday preview: US producer prices, UK GDP in focus
Investors' attention on Thursday would continue to be trained on US inflation trends.
US CPI falls back to 5.0% in March
The cost of living in the US fell back by more than expected during the previous month.
Citi says WPP shares 'overly cheap', stays at 'buy'
Analysts at Citi reiterated their 'buy' recommendation for shares of WPP, citing the easier comparables that the advertising group was facing for throughout the year.