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Stocks Gain on Upbeat Economic Data; Bonds Decline: Markets Wrap
U.S. stocks mostly advanced and bonds retreated globally as upbeat economic reports from China to Europe and renewed hopes for a Sino-U.S. trade deal attracted investors to riskier assets. The Stoxx Europe 600 index jumped after a string of economic reports from Italy to Germany eased concern over the euro area’s growth outlook. “The last couple of days have been pretty impressive in terms of the upside and certain breakouts in stocks and the markets,” Louise Yamada, managing director of Louise Yamada Technical Research Advisors, said in an interview.
https://finance.yahoo.com/news/asia-stocks-face-mixed-start-215026375.html?.tsrc=rss
U.S. stocks mostly advanced and bonds retreated globally as upbeat economic reports from China to Europe and renewed hopes for a Sino-U.S. trade deal attracted investors to riskier assets. The Stoxx Europe 600 index jumped after a string of economic reports from Italy to Germany eased concern over the euro area’s growth outlook. “The last couple of days have been pretty impressive in terms of the upside and certain breakouts in stocks and the markets,” Louise Yamada, managing director of Louise Yamada Technical Research Advisors, said in an interview.
https://finance.yahoo.com/news/asia-stocks-face-mixed-start-215026375.html?.tsrc=rss
