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Stocks Tread Steady as Inflation Data Awaited
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Stocks in emerging markets and European markets remain steady as investors await U.S. inflation data, which could influence the Federal Reserve's rate decision. The S&P 500 reaches its highest level ever, boosted by tech stocks, while the U.S. dollar index and euro remain steady. Meanwhile, the shekel falls due to Moody's downgrade of Israel's credit rating.
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How do holiday closures in Chinese financial markets and the resumption of Hong Kong trade affect global market dynamics?
How might the U.S. inflation data impact global stock markets and the Federal Reserve's rate decision?
What implications does the downgrade of Israel's credit rating have for the country's economy and international investor confidence?
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