European stocks rebounded after three days of losses as Treasury yields pulled back from two-year highs ahead of Fed Chair Powell's testimony and U.S. inflation data.
The pan European Stoxx 600 climbed 1 percent to 483.67 after declining 1.5 percent the previous day.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.