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stocks lost ground on Monday as a lack of catalysts left market participants warily embarking on a week back-end loaded with crucial inflation data and the unofficial beginning to second-quarter earnings season.
Market leading growth stocks pulled all three major U.S.
stock indexes into negative territory, with risk-off sentiment exacerbated by Macau's first casino shutdown in over two years to curb the spread of COVID-19.
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Tuesday added Vietnam, Cambodia, Brunei and Macau to a human trafficking blacklist that already counts Malaysia, alleging weak efforts to stop forced sex work or assist migrant
Later in the week a raft of economic data - including consumer prices, retail sales and factory output - should provide a glimpse of the extent to which inflation has peaked and the economy has cooled down as the Federal Reserve moves closer to next week's policy meeting, which is expected to culminate in the second straight 75 basis point interest rate hike.
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stocks lost ground on Monday as a lack of catalysts left market participants warily embarking on a week back-end loaded with crucial economic data and the unofficial beginning to second-quarter earnings season.
The report, which signaled a still strong labor market helped alleviate some fears about an immediate recession, but added to worries about more aggressive monetary policy tightening by the Fed to stamp out soaring inflation.
There's something profound and ultimately fulfilling about being a part of a world where you're not alone in the struggle. Building up the game's world is a community effort with other players online, and some of the most satisfying moments can come from getting a note that you indirectly helped someone on their journey. Death Stranding also proves that there's satisfaction and comfort to be found in routine, especially amid chaotic circumstances.
"We´re hoping for a slowdown, which would put the Federal Reserve in a softer stance, but on the other hand, there are lots of reasons to believe inflation could stay high and the Fed will remain aggressive."
casino operators Las Vegas Sands, Wynn Resorts and Melco Resorts plunged after Macau shuttered all casinos to contain its worst COVID outbreak since the health crisis began. (Reporting by Stephen Culp; additional reporting by Amruta Khandekar and Shreyashi Sanyal in Bengaluru Editing by Marguerita Choy)
Later in the week a raft of economic data - including consumer prices, retail sales and factory output - should provide a glimpse of the extent to which inflation has peaked and the economy has cooled down as the Federal Reserve moves closer to next week's policy meeting, which is expected to culminate in the second straight 75 basis point interest rate hike.
After a dismal first half of the year, U.S.
stocks started July on an upbeat note, however, market participants fear that upcoming quarterly results could trigger another selloff, with earnings potentially falling short of estimates.
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exchanges was 9.33 billion shares, compared with the 12.92 billion average over the last 20 trading days. (Reporting by Stephen Culp; additional reporting by Amruta Khandekar and Shreyashi Sanyal in Bengaluru Editing by Marguerita Choy)
Two years after its debut, this bizarre open-world game about delivering cargo and doing your best under traumatic circumstances has gotten an enhanced re-release for the PS5 in the form of Death Stranding: Director's Cut.
Market leading growth stocks pulled all three major U.S.
stock indexes into negative territory, with risk-off sentiment exacerbated by Macao's first casino shutdown in over two years to curb the spread of COVID-19.
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The market currently expects that the central bank will raise the Fed funds futures rate by 75 basis points in its latest salvo against red-hot inflation, a tactic which some fear could tip an already cooling economy into recession.
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