Stocks Rise Ahead of Key Fed Decision
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Stocks rose on Monday, boosted by AppLovin and Robinhood's inclusion in the S&P 500. EchoStar surged after a $17 billion deal with SpaceX. The market awaits key economic data this week, influencing expectations for a potential Fed interest rate cut. Concerns remain about inflation and job market slowdown; upcoming reports on job growth and inflation will be crucial. Bond yields eased, and global markets saw gains in Europe and Asia, with Japan's Nikkei rising significantly.
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