Stocks Edge Higher Even As China’s Recovery Slows: Markets Wrap

<p>US stocks resumed a rally as investors weighed bets the Federal Reserve is approaching the end of its interest-rate hikes against evidence pointing to a slowdown in China’s economy. The S&P 500 gained 0.3% and the tech-heavy Nasdaq 100 rose 0.6%, adding to last week’s gains amid optimism the Fed may soon be able to claim victory over inflation. Activision Blizzard Inc. rose after Microsoft Corp. and British regulators held “productive” talks needed to clear the companies’ $69 billion tieup. Ford Motor Co. fell after cutting the price on the electric version of its F-150 truck. The dollar fluctuated, and equities in Europe and mainland China declined after gross domestic […]</p>
<p>The post <a rel="nofollow" href="https://vladimirribakov.com/stocks-edge-higher-even-as-chinas-recovery-slows-markets-wrap/">Stocks Edge Higher Even As China’s Recovery Slows: Markets Wrap</a> appeared first on <a rel="nofollow" href="https://vladimirribakov.com">Vladimir Ribakov</a>.</p>

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