NEW YORK, United States — Stocks mostly rose and the dollar retreated Wednesday on hopes for further US interest rate cuts and a solid set of company earnings.
Gold surged to a new high above $4,200 an ounce, boosted also by a fresh flare-up in China-US tensions.
The dollar was weighed down by warnings, contributing to its decline in value.
https://business.inquirer.net/552829/stocks-rise-on-us-rate-cut-hopes-strong-company-earnings
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