Latest stock market news
• The US stock market grew by 3-4% on a broad front. Even shares of large pharmaceutical companies were bought up. The only losers were defensive stocks from the XLP, XLU, XLC sectors.Demand for risky assets led to a slight decrease in prices for US government bonds, and the yield on 10-year bonds again came close to 4.5% per annum. We are expecting data on consumer inflation in the US at 15-30 today.The threat of recession has decreased, and this helped oil prices rise yesterday.In flight from risk, gold also fell yesterday to the important support of...
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