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Markets today: Banks weigh on U.S. stocks in run-up to earnings

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Big banks dragged down the stock market ahead of the start of the earnings season, with traders also wading through inflation data and Fedspeak for clues on the central bank’s next steps.

Fed’s Collins Says Data May Warrant Later, Fewer Cuts This YearRussia Attacks Ukraine Gas Storage Sites, Driving Prices HigherUS Daily Coffee Consumption Highest in More Than 20 YearsLagarde Feels Pull of Fed’s Tractor Beam as ECB Plans Rate CutDestiny CEO Calls Private-Tech Fund’s Meme-Like Surge a ‘Discovery Process’Citadel-Leased Manhattan Skyscraper Lands $911 Million FinancingFirst Fed Rate Cut Won’t Come Until December, Deutsche Bank SaysEl Salvador Returns to Debt Market With...

could add $1B to First Nations' economy: reportThe Daily Chase: Summer rate cut firmly on the tableTraders pare rate-cut odds as Bank of Canada waits for more inflation dataEconomists react to Bank of Canada interest rate decisionU.S. inflation refuses to bend, fanning fears it will get stuckRead the full text of the Bank of Canada's latest interest rate decisionThe Daily Chase: Decision day at the Bank of Canada, U.S.

 

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