US, European stocks end winning week on benign note

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New York (AFP) – European and US stocks ended an upbeat week on a benign note Friday, pushing higher after cooling inflation reports raised hopes of an end to interest rate hikes.  Major US indices shook off early losses, finishing higher on the session and with weekly gains for the third straight week. “Every time the market tries to sell off a little bit, more buyers show up,” said Adam Sarhan of 50 Park Investments. “We are setting the stage for a strong end to the month and a strong end to the year.” The broad-based S&P 500 ended at 4,514.02, up 0.1 percent for the day and 2.2 percent for …

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