Markets today: U.S. stocks rise on hopes inflation pressures will ease

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Stocks rose after data showed American consumers tempered inflation expectations, bolstering sentiment regarding prospects for Federal Reserve rate-cuts this year.

Colombia Bonds, Peso Drop After Petro Threats Over Debt CeilingLululemon Hits Bottom of S&P 500 as Concern Over Outlook BuildsFunds Are Most Bullish on Gold in Four Years as Prices Hit RecordPound Gets Boost as UK Vote Nixes Holdout Bets on June Rate CutFed’s Waller Says Factors That Lowered Neutral Rate May ReverseECB’s Muller Says Wage Jump Doesn’t Derail Slowdown in InflationRite Aid Reassures Creditors it Will Survive Chapter 11UK Cabinet Minister Michael Gove Says He’s Standing Down as...

African State Bank Is Working on Transmission Auction OfficeImmigration and pent-up demand drive growing car sales in CanadaGoldman 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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