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Market Rises on Strong Earnings and Inflation Data | Global News
Description
Stocks surged yesterday as the S&P 500 neared all-time highs, fueled by strong earnings from BlackRock and Bank of New York Mellon, while inflation cooling eased Fed rate hike fears. Global markets mixed, with South Korea rallying on tech gains and ASML’s upbeat outlook calming AI sector jitters, even as oil prices climbed amid geopolitical tensions.
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