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“But it will probably be insufficient to drive a turnaround in growth unless followed up with greater fiscal support,” he said. That helped offset a 10.3% tumble for Trump Media & Technology Group, which fell to its lowest price since taking its place on the Nasdaq stock marketnow that they’re no longer bound by a “lock-up” agreement. Trump has said he doesn’t plan to sell.
Such reports, particularly on employment, are taking top priority on Wall Street because the main fear is now a slowdown in the job market. It’s a notable shift from prior years, when Wall Street’s attention was fixed on anything related to inflation.
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Stock market today: Asian shares echo Wall Street rally as investors gauge inflation dataAsian shares are trading mostly higher after a rally on Wall Street that regained some of the losses from the market’s worst week in nearly a year and a half.
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Stock market today: Asian shares echo Wall Street rally as investors gauge inflation dataAsian shares are trading mostly higher after a rally on Wall Street that regained some of the losses from the market’s worst week in nearly a year and a half. Benchmarks rose in Tokyo, Sydney, Seoul and Hong Kong in Tuesday morning trading.
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