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The US stock market is behaving like a perpetual motion machine. Bond yields rose Wednesday, as they have for most of this year. A fall in yields triggered last year’s stocks rally — now higher rates are allowing the market to go further. The tech-heavy Nasdaq 100 notched gains for the fifth straight day, while the benchmark S&P 500 managed to scale its fourth record in a week.

QOSHE - Stocks Face Sobering Up After Pivot Party - John Authers
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Stocks Face Sobering Up After Pivot Party

4 1
25.01.2024

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