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On a day dominated by economic reports – positive in the U.S., negative in the euro zone and China – global stocks were mostly higher on Thursday.
Global stocks were broadly higher again on Tuesday, although the gains in the U.S. were about half as strong as Monday’s.
U. S. stocks closed mostly mixed on Friday and up for the week, but bonds grabbed the spotlight.
U. S. stocks were higher again on Thursday despite mounting evidence of a slowing global economy.
Led by the health care and tech sectors, U.S. stocks were broadly higher on Wednesday despite a weaker than expected July retail sales report.
A late rally on Tuesday proved to be too little, too late to lift U.S. stocks for a third straight day.
Friday’s big U.S. rally carried over into Monday before stocks started to give back some of their gains in the last two hours of trading.
U. S. stocks were higher for about the first hour of trading on Thursday but it was mostly downhill after that, with the major equity indexes closing down about 0.5% across the board.
Following a weak opening, U.S. stocks quickly rebounded and ended modestly higher on Wednesday.
Tuesday was a day of mostly positive purchasing managers’ indexes from around the globe but the good news wasn’t enough to prevent U.S. stocks from resuming last week’s downtrend.