Global stocks mostly rise as market digests China inflation data | The Malaysian Insight

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Global stocks mostly rise as market digests China inflation data

Wall Street indices score modest gains after a choppy session, as a drop in China’s producer prices point to more weakness in the world’s second biggest economy. – EPA pic, July 11, 2023.

GLOBAL stocks mostly advanced yesterday ahead of key US inflation data and after a drop in China’s producer prices pointed to more weakness in the world’s second biggest economy. After a choppy session, Wall Street indices scored modest gains, following on the heels of an advance in Europe, where equities were boosted by a drop in bond yields.

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