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Global Stocks Mixed As Inflation Fears Fluctuate but Economic Optimism Persists

  • Consumer price data indicating US inflation slowed more than expected caused markets to rise but concerns over debt ceiling and low consumer confidence led to declines.
  • Walt Disney's loss of streaming subscribers and regional US bank struggles weighed on markets but hope for pause in interest rate hikes buoyed optimism.
  • Tesla's progress and luxury sector gains in Europe provided bright spots amid volatility.
  • The US dollar had its best weekly performance since February despite mixed results across markets.
  • The Federal Reserve and other central banks are closely monitoring economic indicators to determine future policy moves.
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