year high before closing up 0.7 percent at 147.9 Swiss francs. Around Europe, London's FTSE 100 closed 1 percent higher, while Paris's CAC-40 and Frankfurt's DAX both ended up 1.7 percent. In Zurich, the SMI closed 0.9 percent higher. In New York, the blue-chip Dow Jones industrial average was 1.2 percent firmer at 10,455 points, while the Nasdaq Composite Index rose 1.1 percent to 2,025.7 points by 1615 GMT. Data showing core U.S. inflation was steady in April helped lift stocks and government bonds as investors bet the Federal Reserve would not have to raise interest rates sharply to curb price pressures. --More 2343 Local Time 2043 GMT
