European shares rose, lifted by strong results and German economic data, while US trading was dominated by volatility caused by the latest US inflation numbers.

US stocks moved slightly higher as markets calmed after a recent bout of turmoil.

The US stock market eked out another record close ahead of the Thanksgiving holiday as investors assessed the latest reports on the economy and some corporate earnings.

Worries about the outlook for growth in China and a slide in the price of oil pushed the stock market to its biggest loss in almost seven weeks today.