Stocks and Dollar Climb on Strong Economic Data and Earnings

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Source: Reuters
Stocks and Dollar Climb on Strong Economic Data and Earnings
Photo: Reuters
TL;DR Summary

Global equities and the dollar rose following positive economic data and earnings reports, with U.S. retail sales and jobless claims exceeding expectations, boosting investor confidence. Oil prices increased due to Middle East supply concerns, while gold prices declined after upbeat economic signals. Major stock indices hit new highs, supported by strong corporate earnings and stable labor market indicators.

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