Wall Street stocks advance while Treasury yields and the dollar rise on Thursday after the Commerce Department sharply raised the United States’ first quarter growth rate to 2%. – AFP pic, June 30, 2023.
STOCKS diverged yesterday as investors weighed strong US economic data against further signs that central banks are likely to continue hiking interest rates to fight inflation. Wall Street stocks advanced while Treasury yields and the dollar rose after the Commerce Department sharply raised the United States’ first quarter growth rate to 2%.
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