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Read More »Stocks rally on interest rate relief wagers; pound slips
BLOOMBERG Stocks extended gains as investors welcomed cooler-than-expected inflation readings in the US and the UK as evidence central banks may be done with their aggressive interest-rate increases. Europe’s Stoxx 600 Index rose 0.6%. Alstom SA slumped 17% after the train maker said it’s cutting jobs and selling assets to shore up its balance sheet. US equity futures rose more ...
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