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Nuclear powers pledge to push Putin out of uranium markets

BLOOMBERG Nuclear powers within the Group of Seven (G-7) nations pledged to end Russia’s dominance over global atomic-fuel markets, potentially cutting off a critical source of geopolitical currency for Russian President Vladimir Putin more than a year after his invasion of Ukraine. Canada, France, Japan, the UK and US committed to jointly dislodge Russia from global nuclear supply chains. Even ...

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Euro area’s blue-chip index eyes highest level since 2007

BLOOMBERG The euro area’s blue-chip index is finally set for its highest close since the global financial crisis. The Euro Stoxx 50 gained as much as 0.3% on Monday, putting it on track to close at its highest level since December 2007, before trading little changed in London. TotalEnergies SE, Airbus SE and Prosus NV outperformed. The gauge got a ...

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Morgan Stanley strategist sees US stock rally at risk

BLOOMBERG The rally in the S&P 500 has been driven by only a handful of stocks, putting the index at risk of fresh lows if bond yields rise, according to Morgan Stanley’s Michael Wilson — one of the most bearish voices on Wall Street. The percentage of stocks outperforming the S&P 500 on a three-month rolling basis is the lowest ...

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