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U.S. stocks rebound, yen weakens on BOJ stimulus report
U.S. stocks mostly rose on Thursday in anticipation of results from tech heavyweights Alphabet and Amazon, while the yen eased after Reuters reported the Bank of Japan was considering expanding monetary stimulus to address signs of weak inflation. Expectations of further stimulus in Japan have dominated currency trading in recent weeks and overshadowed the U.S. central bank's policy-setting statement on Wednesday, when the Federal Reserve indicated it was in no rush to raise interest rates. On Wall Street, stocks initially were dragged lower by Ford Motor (F.N), which posted poor second-quarter profit, as the U.S. ... (full story)