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4 Min Read NEW YORK (Reuters) - A gauge of global stock markets climbed for a second day on Wednesday to its highest level in a week and the Dow Jones Industrial Average hit a record high after a report on U.S. consumer prices calmed concerns about inflation. FILE PHOTO: A man wearing a facial mask, stands in front of an electric board showing Nikkei (top in C) and other countries stock index outside a brokerage at a business district in Tokyo, Japan, January 4, 2021. REUTERS/Kim Kyung-Hoon The U.S. Labor Department said its consumer price index rose 0.4% in February, in line with expectations, after a 0.3% increase in January. Core CPI, which excludes the volatile food and energy components, edged up 0.1%, just shy of the 0.2% estimate, after being unchanged the prior two months.

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