Share prices rose for a fourth straight session on Friday after softer-than-expected price data bolstered hopes that borrowing costs will soon stop rising.
Banks and technology firms led the gains, while energy companies fell with oil prices. Trading volumes were above average for the week.
Analysts cautioned that one month of data does not make a trend. Investors will turn next week to corporate earnings and a speech from the central bank governor.
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Thanks for covering this. Would love a follow-up once more details are confirmed.
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Thanks for covering this. Would love a follow-up once more details are confirmed.
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