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Asian Markets Mixed; China's Economic Activity Returned to Expansion in June
U.S. stocks were little changed as investors digested comments from central bankers at a panel in Europe and looked toward another round of quarterly earnings reports. Federal Reserve Chairman Jerome Powell, speaking at the European Central Bank's annual economic-policy conference in Portugal, said the pandemic had disrupted the economy in ways that might continue to fuel more inflation or volatility in price pressures than before. The S&P 500 lost about 0.1%. The Dow Jones Industrial Average rose 0.3%, while the Nasdaq Composite Index was about flat. After three consecutive years of double-digit gains, the ... (full story)
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