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Global shares rise with dollar, US bond yields turn higher

2025-01-18 04:53:29| The Economic Times

Global equities rose, U.S. Treasury yields turned higher, and the dollar strengthened as positive economic data and strong earnings boosted investor confidence. Manufacturing output and single-family homebuilding increased. Wall Streets major indexes saw substantial gains. The Fed's data and optimistic housing and industrial production reports indicated potential slowed rate cuts. Oil and gold markets showed mixed responses.


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