Markets today: stocks, bonds gain on Powell rate-cut reassurance

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Stocks rose and Treasury yields pulled away from four-month highs after Federal Reserve chief Jerome Powell reaffirmed the central bank is on track to cut interest rate cuts this year.

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3 Billion for Building on Milan’s Iconic Shopping StreetCurrency Angst Is Going Global as Strong Dollar Vexes MarketsCopper Rises to 14-Month High as Powell Affirms Fed Rate StanceAMLO Spends Like Never Before to Set Up Successor’s Victory in MexicoOil price news: Oil holds near five-month high as OPEC+ reaffirms supply cutsKuwait Votes Again in Bid For Change Despite Political StalemateGold Sets Another Record High Above $2,300 After Powell CommentsTaiwan Rescuers Rush to Save Trapped Miners...

 

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Markets today: U.S. stocks rise as Powell sticks to wait-and-see toneStocks rebounded after a two-day drop, with Jerome Powell reiterating the Federal Reserve’s wait-and-see approach before policymakers decide to embark on interest-rate cuts.
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Markets today: U.S. stocks rebound after data with eyes on PowellThe stock market rebounded as the latest set of economic data did little to alter bets the Federal Reserve will deliver rate cuts this year, following recent concern that the central bank would delay policy easing.
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Asian Stocks to Rise as Powell Reaffirms Rate Cuts: Markets Wrap(Bloomberg) -- Equities in Asia were primed for gains Thursday after Jerome Powell reaffirmed his view the Federal Reserve will likely cut rates this...
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Asian Stocks to Rise as Powell Reaffirms Rate Cuts: Markets WrapEquities in Asia were primed for gains Thursday after Jerome Powell reaffirmed his view the Federal Reserve will likely cut rates this year.
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