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Stocks boosted by tech earnings; bond yields hit multi-year highs
July 31 : U.S. stocks rose on Friday as strong earnings from Amazon and Microsoft drew investors back into the AI trade, while longer-dated Treasury yields hit new multi-year highs on fears that rising oil prices could fuel inflation.Currency markets also stayed on alert for further intervention, a day after
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Stocks Churn Before Fed, AI Earnings as Oil Climbs: Markets Wrap
(Bloomberg) -- Wall Street traders gearing up for the Federal Reserve decision sent stocks wavering as oil jumped, with the market also bracing for results from two of the biggest…
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US Stocks Rise as Microsoft Counters Bond Rout: Markets Wrap
(Bloomberg) -- US stocks rose as strong growth at Microsoft Corp. reassured investors that expensive bets on AI are starting to pay off, outweighing resurgent worries about…
