Global equities rise as investors await US data of growth forecasts
WASHINGTON: U.S. stocks seesawed as global equities markets firmed on Wednesday ahead of a closely watched Federal Reserve report investors will devour to glean insights into how companies are coping with rebounding consumer demand.
Wall Street inched higher at the open only to erase gains near midday trading before recently edging up in the latest surge in so-called “meme stocks,” despite wary investors remaining unconvinced by central bank assurances that the current inflation upsurge is transitory.
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