Markets today: Stocks extend gains after consumer sentiment data

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Stocks extended gains after data showed U.S. consumers tempered inflation expectations in late May, which bodes well for prospects of U.S. Federal Reserve rate cuts.

Immigration and Pent-Up Demand Drive Growing Car Sales in CanadaUAE Set to Hit Oil Capacity Target Year Earlier Than It ForecastRate Cuts Will Trigger Flood of Bond Buying, PGIM SaysECB’s Muller Says Wage Jump Doesn’t Derail Slowdown in InflationWar Dealing Severe Blow to Palestinian Economy, World Bank SaysStephen Bird Stands Down as Abrdn Chief Executive, CFO Steps InPAG Is Said to Consider Buying Wanda’s Nearly 500 Shopping MallsUkraine’s Peace Project Is Dented by Rival Plan, Hollywood...

5 Billion PayoutInsurers Are Working to Shore Up the $2 Billion Carbon Offset MarketGoldman pushes first Fed rate cut call to September from JulyU.K. urges Canada to ratify its entry into Pacific trade pactU.S.

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