Wall Street ends streak of weekly gains, yields rise as investors digest data
Inflatie
NEW YORK :Gains in Wall Street indexes on Friday were not enough to erase a loss for the week while resilient consumer spending supported longer-dated Treasury yields and gold rose as a steady inflation reading supported bets on future Federal Reserve rate cuts. Consumer spending climbed slightly more than expected in August while the inflation rate rose to 2.7 per cent from 2.6 per cent in July, data showed, in line with economists' expectations. Analysts said some companies had fended off
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