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Stocks hit new highs despite rising yields and Trump-Xi showdown

Published 3 months, 1 week ago
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AI-fuelled stock rally shows no sign of easing as Cisco latest to smash earnings. US PPI data adds to heightened inflation risks as Treasury yields jump. Trump and Xi hold talks but lack of details keeps markets in suspense. Pound finds some love from upbeat GDP data as Starmer’s woes worsen.

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