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U.S. stocks end week higher on good economic data despite inflation MarketWatch 1 hr ago MARKET SNAPSHOT Video: Wall Street shakes off inflation rise and closes higher (Reuters) Wall Street shakes off inflation rise and closes higher Replay Video UP NEXT U.S. stocks closed higher Friday, booking weekly gains with support from data confirming an economic recovery from the coronavirus pandemic, despite inflation running at its highest annual rate in about 13 years. U.S. financial markets will be closed on Monday in observance of the Memorial Day holiday. How are stock benchmarks trading? The Dow Jones Industrial Average closed 64.81 points higher to end at 34,529.45, a gain of 0.2%. ....
Investing in Penny Stocks in June 2021? 3 Things Investors Should Know dailyherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyherald.com Daily Mail and Mail on Sunday newspapers.
U.S. stocks climb as inflation reading hits 13-year high morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
U.S. stocks closed higher Friday, booking weekly gains with support from data confirming an economic recovery from the coronavirus pandemic, despite inflation running at its highest annual rate in about 13 years. ....
NEW YORK: As United States stocks are hit with a bout of volatility, some investors are looking to European equities, attracted by lower valuations and the region’s nascent emergence from the Covid-19 pandemic. European equity funds have notched their longest streak of net inflows in more than three years, according to data from EPFR, while fund managers globally surveyed by BofA Global Research said they were more overweight on European stocks than at any time since March 2018. Morgan Stanley’s strategists, meanwhile, have named holding European stocks as one of their top trades. The focus on Europe comes as the region’s benchmarks have kept pace with their US counterparts after years of underperformance. The STOXX 600 is up 10.7% year-to-date, broadly matching the S&P 500. The S&P 500 was off 1.7% from its record high as of Thursday, while the European index has slipped 0.8% from its peak. ....