US stocks push higher as eurozone slips into recession | The Malaysian Insight

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US stocks push higher as eurozone slips into recession

Major US indices finish solidly higher, led by the Nasdaq, which jumps 1%, on Thursday. – AFP, June 9, 2023.

WALL Street stocks shook off recent hesitancy and rallied yesterday, reflecting better sentiment on the US economy and a consensus view that the Federal Reserve will not hike interest rates next week. The gains came as European equities also advanced despite data showing the bloc slipped into a recession following negative growth in the first quarter.

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