Funding & Business
Lots More With Skanda Amarnath on This Moment in Macro
ETF investors have been piling into gold more than any other asset class as the precious metal hits a record.
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The Institute for Supply Management’s index of services rose 1.9 points to 52. The figure topped all but one estimate in a Bloomberg survey of economists. Mike McKee reports on “Bloomberg Open Interest.”
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US stocks opened slightly in the green on Thursday as data signaled a softening labor market, supporting interest-rate cuts. Tech stocks climbed, even after a string of disappointing earnings, with yields on 10-year Treasuries falling to the lowest since early May.
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