Europe stocks set to open higher after hitting two-month low; U.S. debt ceiling bill clears House

On Thursday, investors will be assessing flash euro zone inflation figures out at 10:00 a.m. London time.

Flash readings this week from Germany, France and Spain all showed slowdowns in price rises, significantly more than expected by analysts. Italian inflation came in higher than forecast but still declined. Economists polled by Reuters expect a fall in headline euro zone inflation to 6.3% in May from 7% in April.CNBC Pro: These 2 stocks have raised dividends above the inflation rate every year — for 40 years

Only two U.S.-listed companies have raised dividends every year above the rate of inflation for the past four decades, according to a CNBC Pro analysis. When companies increase their payout rates faster than inflation, it enables shareholders' investment returns to keep up and enhance purchasing power throughout the investment period.

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