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Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines /
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2024-07-16 18:59:49

Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines on Nostr: Value Stocks Rally in the US, Outperforming Growth Equities =============== #133aea61 ...

Value Stocks Rally in the US, Outperforming Growth Equities
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#133aea61 ver:1.92

US value stocks outperformed growth equities as the Dow Jones surged 500 points on positive retail sales data, fueling a rotation trade. Investors are confident in the US economy and expect interest rate cuts in September. Bank of America predicts a rally in consumer discretionary and energy sectors, while also expecting a decline in June retail sales data. The market rally was further supported by positive earnings reports from UnitedHealth Group and Bank of America. Economic data and earnings reports will continue to drive market sentiment and sector performance. #ValueStocks #GrowthEquities #USMarket #EconomicData...

#newstr #UsStocks #DowJonesIndustrialAverage #RetailSalesData #RotationTrade #ValueStocks #GrowthEquities

https://here.news/story/133aea61?ver=1.92
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