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Chip Stocks Roar Back as Strong Data Sink Bonds

Bloomberg Markets·4 days ago
#luLeiytp
#bloomberg#business#market#rebound#chipmakers

A rebound in chipmakers buoyed Wall Street as dip buyers emerged despite solid economic readings that reinforced speculation the Federal Reserve will boost rates in December.…

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Dollar Rises With US Yields as Focus on Iran Outweighs Election

Bloomberg Markets·Cole Lipsky·7 days ago
#qzs1zzHz
#bloomberg#business#dollar#rose#election

The dollar rose on Election Day in the US, buoyed by climbing Treasury yields and solid economic data, while traders monitored developments in the Middle East for a sense of the greenback’s direction.

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