Wall Street extends rally as rate-hike odds ease
Stocks rose further on Thursday, extending the prior session’s rebound. All major averages moved sharply higher, helped by easing likelihood of a rate hike.
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U.S. data weakens as yields rise and stocks split
U.S. retail sales fell 0.6% in July versus expectations for a 0.1% gain, consumer sentiment dropped to 51, and Treasury yields climbed as small caps held up while tech lagged.