Sporting brands fall as Nike warns of margin pressure. CarMax hits 2-1/2 yr low as inflation dents demand, drags auto stocks
LONDON MARKET CLOSE: Stocks surge as traders bet on slower Fed hikes
(Alliance News) - European equities defied the uncertain global economic outlook and jumped on Friday, posting a first weekly gain in three weeks, as markets begin to price in a slower monetary policy tightening process by the US Federal Reserve.
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