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Stock market news today: Second half of year starts with more gains

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US stocks gain to start the 2nd half of the year as traders wrap up early for Independence Day

was up almost 39%.

Investors are hoping to extend those gains into the second half of the year, looking to avoid too much turbulence in the face of recession forecasts and the prospect of more tightening by the Federal Reserve. The ardent market bull said the Fed is wining the war on inflation, which will give the central bank room to pull back on its aggressive policy.

 

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