Core PCE rose 0.2% MoM (as expected), which leaves it up 2.8% YoY (as expected), slightly lower than September's +2.9%.

The two sources of strain on the global capital markets have eased.

Although the benchmark indices opened higher, they traded positively throughout the session and ultimately closed green.

The released minutes of the ECB’s December meeting confirm the ECB’s wait-and-see stance in a macro environment, in which the base case looks very benign, but risks remain unusually high.

Amgen's stock outlook is shaped by upcoming earnings and pipeline developments, with a cautious investor sentiment reflecting solid fundamentals amid rising sector interest in biotech.

Adobe's stock price continued its freefall this week, reaching its lowest level since November 22, turning one of the best-known software companies into a fallen angel.

Overall, the tone is one of improving global risk sentiment, driven by easing geopolitical tensions.