Recent actions by central banks around the world to stabilize growth and an initial U.S.-China trade accord are driving a steady markets advance that has been hard to bet against
Indicators of market momentum are coalescing with improving economic data to support the recent stock-market rally, creating a promising backdrop that some investors expect to help major indexes rebound from last week’s declines.
Concerns about an outbreak of the new coronavirus in China sent the S&P 500 down nearly 1% Friday. But recent actions by central banks around the world to stabilize growth with lower borrowing costs and an initial U.S.-China trade accord are driving a steady advance that has been hard to bet against....
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