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.

Egypt Starts Buying LNG in Rare Move to Avoid Summer Gas CrunchKazimir Against Return of Any Special ECB Monetary-Policy ToolsIsrael’s Gantz Ups Ante With Netanyahu by Calling for Early ElectionsMitsui, Rohto to Buy Chinese Medicine Firm in S$800 Million DealTel Aviv GPS Is Scrambled Over Fears Of Iran Revenge AttackDenmark’s Pension Fund P+ Divests Oil and Gas FirmsGucci Owner Splashes Out €1.3 Billion for Building on Milan’s Iconic Shopping StreetVodafone Idea Picks Jefferies, Axis for $2.

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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