Stocks shrug off rates risk as U.S. consumers spend

Stocks shrug off rates risk as U.S. consumers spend

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Bonds fell and the dollar rose on Thursday as roaring U.S. retail sales had investors reckoning on interest rates staying higher for longer to temper demand, though stock markets were focused on the bright side for earnings and climbed a little. The S&P 500 (.SPX) rose 0.3% overnight. MSCI's…

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