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Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines /
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2024-07-16 14:57:42

Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines on Nostr: Dow Surges 500 Points After Positive Retail Sales Data Sparks Rotation Trade ...

Dow Surges 500 Points After Positive Retail Sales Data Sparks Rotation Trade
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#133aea61 ver:1.91

The Dow surges 500 points after positive retail sales data sparks rotation trade, fueling investor confidence in the US economy and bets on interest rate cuts in September. Bank of America predicts rally in consumer discretionary and energy sectors as the US economy enters the 'Goldilocks' zone. Market sentiment and sector performance likely to be influenced by economic data and earnings reports. #DowJones #RetailSales #RotationTrade #USeconomy #InterestRates...

#newstr #UsStocks #DowJonesIndustrialAverage #RetailSalesData #RotationTrade

https://here.news/story/133aea61?ver=1.91
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