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Stocks Gain; Treasury Yields Dip, Dollar Steadies: Markets Wrap BloombergA global stock rally sparked by Federal Reserve Chairman Jerome Powell’s dovish comments continued on Wednesday, though the pace of gains slowed amid lingering trade-war concerns. Treasuries advanced, while the dollar steadied after four days of decline. Technology shares led the advance in the Stoxx Europe 600 as SAP SE jumped after a positive sales forecast by U.S. peer Salesforce.com. Futures on the S&P 500 indicated a higher U.S. open after the underlying index climbed the most since January on Tuesday as Powell said the central bank is monitoring the trade war’s impact and would act ap...
https://www.bloomberg.com/news/articles/2019-06-04/stocks-in-asia-to-rally-as-fed-signals-ready-to-act-market-wrap
2019-06-05 08:06:29Z
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