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Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines /
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2024-07-09 14:01:11

Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines on Nostr: Weak U.S. Economic Data and Its Impact on Earnings and Investor Sentiment ...

Weak U.S. Economic Data and Its Impact on Earnings and Investor Sentiment
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#133aea61 ver:1.62

Weak US economic data fuels expectations of rate cuts, driving stock market rally. European markets rebound, but political uncertainties in France and UK may temper the rally. Bank of America predicts disappointing earnings. US economic surprise index at 9-year low, signaling potential market correction. Market priced for perfection, with high multiple on low GDP. Key events this week: Powell testimony, NATO summit, China data, US CPI, bank earnings, Treasury auctions. #economy #stocks #ratecuts #earnings #correction...

#newstr #UsEconomicData #Earnings #StockMarket #InvestorSentiment

https://here.news/story/133aea61?ver=1.62
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