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S&P 500 Energy Index has climbed to highest since late 2014
[Past performance is no guarantee of future results] Source: Bloomberg, Liz Ann Sonders
#Samsung posts upbeat #earnings ! #stocks #trading #markets #Nasdaq #trending
Samsung reported better than expected revenue, signaling tech earnings may not be as bad as some feared about weakening demand and a rise in material costs. Investors are slowly shifting toward the view that the economic slow down may not be as painful as thoughts a few weeks earlier and there are increasing signs that inflation should ease in the medium term.
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