(Bloomberg) U.S. stocks eked out another all-time high and Treasury yields declined after a report showed consumer sentiment fell to the lowest level in nearly a decade. The dollar weakened and crude oil slumped. The S&P 500 closed at a record for fourth consecutive session while trading within a 0.2% range Friday. The consumer staples and real estate sectors led gains, while energy and financial shares declined. The benchmark index has almost doubled since the pandemic lows reached in March 2020, with the energy sector the biggest gainer during that period. Walt Disney rose after its streaming subscriptions beat estimates. European stocks posted the longest winning streak since 1999. “It’s just a quiet summer Friday,” said Matt Maley, chief market strategist for Miller Tabak + Co. “Most of the earnings season is behind us. Therefore, people are just taking a breath after a nice rally.” The U.S. equity rally slowed Friday after data showed the University of Michigan’s pre
Stocks Shake Off Sentiment Surprise to Push Higher: Markets Wrap
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Futures Steady as Europe Stocks Extend Win Streak: Markets Wrap
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Stock Rally Slows With Consumer Anxiety Rising: Markets Wrap
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