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European stocks post their best year since 2021 on rate cut hopes

The Stoxx Europe 600 closed the final trading session of 2023 up 0.2 per cent, taking yearly gains to about 13 per cent. ....

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bond yields: Stock market rally set to weather higher bond yields

With the soft-landing narrative for the world s biggest economy gaining traction, the majority of 331 respondents expect losses for S&P 500 Index to be contained to less than 10% should yields on the 10-year Treasury resume their climb and hit 4.5%. That would allow the US equities benchmark to hold on to some of its 18% year-to-date gains. ....

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