Markets today: S&P 500 tops 5,400 as U.S. yields tumble before Fed

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Stocks hit fresh all-time highs as a broad cooldown in inflation spurred a plunge in bond yields, with traders betting the Federal Reserve will be able to cut rates at least twice this year.

BofA’s Subramanian Says Things ‘Kind of Awesome’ for StocksTraders Fully Price in November Fed Rate Cut After Cool CPI DataNigeria Running Out of Tomatoes Poses Fresh Risks to InflationActivist Hedge Fund Punished for Secret Payments to ResearcherMatador to Buy Permian Oil Assets From EnCap for $1.

9 BillionEV Leader Norway Won’t Follow EU on Chinese Electric Car TariffsDiraq, GlobalFoundries to Make Quantum Chips With Standard ToolsGhana’s Monthly Inflation Hits 10-Month High on Cedi SlumpBosch Eyes Potential Acquisitions in US Outside of Core BusinessAbu Dhabi’s Adnoc Greenlights Its Biggest LNG Export TerminalHedge Funds Ride the Momentum-Trade Wave to Net Gains EverywhereSouth Africa’s Biggest Hydrogen Project Woos Japanese InvestorsThe Daily Chase: Fed and CPI day in the U.S.

 

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