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Feb 9, 2021
Bloomberg News
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U.S. stock futures added to gains and Treasuries turned higher after a key measure of prices showed scant inflation.
Futures on the S&P 500 pushed an advance to 0.5 per cent, while the 10-year Treasury yield slumped. Global stocks pushed forward on an eight-day winning streak on the heels of positive corporate news, improving virus trends and U.S. stimulus plans.
The MSCI World Index gained 0.1 per cent, the longest advance since November. Twitter Inc. shares rose 7 per cent in the U.S. pre-market after reporting a surge in revenue. Lyft Inc. rallied 11 per cent as the co-founder said the ride-hailing company will âabsolutelyâ turn a quarterly profit this year.