Stocks rise ahead of Fed chair's policy speech

INTELLIGENCE SUMMARY

Stocks mostly rose Friday as investors awaited a key speech by US Federal Reserve Chair Kevin Warsh for clues about the outlook for interest rates amid elevated inflation. With the euphoria following US chip titan Nvidia's blistering earnings report petering out, attention is squarely on the economy and the debate surrounding if or when the US central bank will tighten monetary policy. Major European indices all rose, with Paris piling on one percent as luxury shares led gains.