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[ad_1] Last Updated: July 11, 2023, 01:31 IST New York, United States of America (USA) A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. (Reuters/File Photo) Wall Street stocks muted as investors analyze Chinese data and anticipate U.S. inflation report. Dollar dips, oil prices decline with supply cuts Wall Street stocks were muted on Monday, while oil prices and the dollar dipped, as investors digested Chinese data that heightened worries of an economic slowdown and looked ahead to a key U.S. inflation report. The Dow Jones Industrial Average rose about 0.5%, while the S&P 500 and Nasdaq Composite were both little changed. European shares inched higher on Monday with the travel and leisure sector leading gains, with the pan-European STOXX 600 index up 0.18%. Chinese consumer price figures fell in June, leaving them almost unchanged from a year earlier, while producer prices slid deeper into negati...

[ad_1] MSCI’s global equity index ended Friday’s session virtually unchanged while the dollar was lower as government data showed that U.S. jobs growth slowed more than expected in June, easing worries about the outlook for Federal Reserve rate hikes. But while investors appeared to hold out hope for a less hawkish Fed, they were also looking cautiously to the week ahead, with key U.S. inflation readings due along with the start of the second-quarter earnings season. Official U.S. nonfarm payrolls on Friday showed employers added 209,000 new hires in June, below forecasts, while May numbers were revised down by 33,000 to 306,000. Still, the unemployment rate fell to 3.6% in June from 3.7% in May and average hourly earnings rose 0.4%, the same as May. On Thursday, private payroll provider ADP’s strong U.S. labor market data had sparked an equities sell-off and boosted Treasury yields. While Friday’s government data was initially met with a more muted market reaction, stocks gained ...