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A global index of stocks bounced back after a nine-day losing streak on Thursday as oil prices fell and U.S. Treasury yields pulled back from their highest levels in 16 years. Adding to... -September 28, 2023 at 04:26 pm EDT - MarketScreener
Wall Street's three major indexes closed higher on Wednesday and the dollar rose along with U.S. Treasury yields after U.S. retail sales data for January rose by the most in nearly two years, suggesting a resilient economy while fueling concerns about further interest rate hikes.
The US dollar advanced on Thursday after strong U.S. retail sales data underpinned the resilience of the world’s largest economy.