Top global stories this week: Anglo-Teck, Taiwan Semiconductor among notable names
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Global stock indexes rose this week, buoyed by Wall Street gains and expectations of Fed rate cuts. The S&P 500 increased by 1.6%, while the Nasdaq 100 rose 2%. In Europe, equities gained 0.8%, with the ECB holding rates steady. Major corporate news included Anglo American and Teck Resources merging, Novartis acquiring Tourmaline Bio, and Stellantis dropping its all-EV goal. In Asia, Japan's Nikkei climbed 2.4%, and Taiwan Semiconductor reported a 34% revenue jump. Geopolitical tensions remained high amid conflicts in the Middle East and Ukraine.
Source: MSN The copyright of this article belongs to the original author/organization.
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