- Harris visits border to neutralize weak spot against Trump
- Aussie Scott revels in Presidents Cup rally for global golfers
- Milei moves to privatize flag carrier in standoff with unions
- Ethiopian actions 'flagrantly violate' Somali territorial integrity: Somali PM
- Blinken questions China peace push over Russia help
- Internationals sweep foursomes to equal USA at Presidents Cup
- Brook says return to form 'a matter of time' as England hammer Australia
- Clark takes aim at 'trolls' in WNBA racism storm
- Israel, Hezbollah must both 'stop firing': Blinken
- Barcola leads PSG to win over Rennes
- Why South America is burning
- AC Milan join Torino at Serie A summit by thumping Lecce
- Maduro's hold on power 'unsustainable': Venezuelan opposition leader to AFP
- Guinea's Guirassy sparks Dortmund comeback win over plucky Bochum
- Brazil coach urges patience over Neymar return
- Hurricane John causes at least five deaths, floods in Mexico's Acapulco
- Trump vows to prosecute Google for showing 'bad' stories on him
- Europe en route for Moon with new simulator, says astronaut Pesquet
- Livingstone stars as England thrash Australia to square ODI series
- Hezbollah's Nasrallah: powerful leader living in hiding
- Austria far right eyes historic victory in tight polls
- Fireworks forecast if comet survives risky Sun flypast
- New York mayor pleads not guilty to shock corruption charges
- Livingstone runs riot as England make 312-5 against Australia
- Hurricane triggers 'catastrophic' US floods, 17 dead
- 'Here to weep': French pay tribute to murdered student
- Van Gogh's 'Sunflowers' targeted again with soup in UK after activists jailed
- Wimbledon given green light for controversial expansion plan
- IPL's Modi blasts cricket's Hundred as 'big fat Ponzi scheme'
- Israel says strikes Hezbollah HQ in Beirut
- Trump and Zelensky make nice after tensions over Ukraine war
- Van Gogh 'Sunflowers' in new soup protest after activists jailed
- Significant deaths in cycle racing
- Argentina judge orders dictionary to delete pejorative definition of 'Jewish'
- Sudan paramilitary attack kills 18 at El-Fasher market: medic
- Maggie Smith, British theatre and cinema legend
- Arsenal boss Arteta still 'loves' Guardiola despite fiery clash
- Swiss teenage cyclist Muriel Furrer dies after crash at worlds
- Spurs skipper Son in race to recover from injury for Man Utd clash
- Veteran British actor Maggie Smith dies aged 89: family
- 'Honest' Maresca keeping Chelsea stars happy
- New York mayor in court to face corruption charges
- US Fed's preferred inflation measure edges down in August
- Climate activists jailed for throwing soup at Van Gogh's 'Sunflowers'
- S.African woman turns 118, among the oldest in the world
- Man City's Rodri to miss rest of season with ACL injury
- Hurricane leaves millions without power, four dead in southeast US
- Ireland fines Meta 91 mn euros over EU data breach
- Taken from mother by nuns, victim finds solace in pope Belgium visit
- Stranded cruise ship passengers bid bitter-sweet farewell to Belfast
Global stocks mostly rise, cheering Beijing stimulus
Stock markets mostly rose Friday as slowing US and European inflation raised hopes of more aggressive interest rate cuts while investors applauded China's measures to boost its struggling economy.
All major European markets closed higher, locking in strong gains for the week.
Wall Street stocks finished mixed after a choppy session, with the Dow edging to a fresh record and the Nasdaq retreating.
It's "clearly a very positive week, the third straight week of gains," said Angelo Kourkafas of Edward Jones.
Earlier, the Hong Kong and Shanghai stock markets finished the week more than 10 percent higher, with Shanghai seeing its strongest weekly gain since 2008.
The US personal consumption expenditures (PCE) price index was up 2.2 percent from a year ago in August, down from 2.5 percent in July, the latest data point to show an easing in price pressure.
"Inflation stayed in its cage last month, reinforcing ideas that the Federal Reserve has runway to sharply cut rates in coming months," said Joe Mazzola, a strategist at Charles Schwab.
The Fed cut its main lending rates by 50 basis points earlier this month -- its first rate cut in more than four years -- and analysts expect further cuts at the next policy meeting in November.
US "inflation seems to be on a sustained path lower", said Bret Kenwell, US investment analyst at eToro trading platform.
For the Federal Reserve, he said, "it makes sense to turn their focus to the labor market, which has shown softness in recent months."
Annual inflation slowed sharply in France and Spain in September, official data showed on Friday, fueling speculation the European Central Bank (ECB) could also cut rates more aggressively than expected.
Besides expectations of lower rates, Europe's main stock markets were boosted by hopes of rebounding Chinese demand, especially for luxury products and cars.
In Frankfurt, BASF soared 7.2 percent after the German chemicals giant Thursday unveiled a major overhaul to focus on cost cutting and strengthening its core businesses.
In Paris, Ubisoft shares jumped 5.8 percent after Credit Agricole raised its stake to 11 percent -- making it the game company's largest shareholder.
In foreign exchange, the yen rallied against the dollar after Japan's ruling party elected a new leader, Shigeru Ishiba, who backs interest-rate hikes. The dollar was little changed against the euro.
- Key figures around 2030 GMT -
New York - Dow: UP 0.3 percent at 42,313.00 (close)
New York - S&P 500: DOWN 0.1 percent at 5,738.17 (close)
New York - Nasdaq Composite: DOWN 0.4 percent at 18,119.59 (close)
London - FTSE 100: UP 0.4 percent at 8,320.76 (close)
Paris - CAC 40: UP 0.6 percent at 7,791.79 (close)
Frankfurt - DAX: UP 1.2 percent at 19,473.63 (close)
Tokyo - Nikkei 225: UP 2.3 percent at 38,829.56 (close)
Hong Kong - Hang Seng Index: UP 3.6 percent at 20,632.30 (close)
Shanghai - Composite: UP 2.9 percent at 3,087.53 (close)
Dollar/yen: DOWN at 142.15 yen from 144.81 yen on Thursday
Euro/dollar: DOWN at $1.1169 from $1.1177
Pound/dollar: DOWN at $1.3375 from $1.3415
Euro/pound: UP at 83.47 pence from 83.31 pence
Brent North Sea Crude: UP 0.5 percent at $71.98 per barrel
West Texas Intermediate: UP 0.8 percent at $68.18 per barrel
A.Santos--PC