Stocks Extend Rally as China, Powell Fuel Optimism: Markets Wrap

Stocks Extend Rally as China, Powell Fuel Optimism: Markets Wrap

Business
December 1, 2022 by secret
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[ad_1] (Bloomberg) — European and US stock futures rose with Asian equities on Thursday after China appeared to soften its Covid stance and Federal Reserve Chair Jerome Powell signaled a slowdown in the pace of interest-rate hikes. Most Read from Bloomberg The dollar fell against its Group-of-10 counterparts, with the yen speeding to a three-month