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Stocks Unchanged, Interest Rates Move Higher

Stocks Unchanged, Interest Rates Move Higher

May 22, 2024

Stocks were mostly unchanged in early trading this week while interest rates moved higher following cautious comments from Fed officials. Earnings from the third-largest U.S. company will be released Wednesday. Markets have continued to reward long-term investors, with a globally diversified 60% stock/40% bond portfolio higher by about 6% year-to-date.

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