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Stocks Climb as Financial Shares Lead Gains; Dollar Strengthens
published May 24th 2016, 11:42 am, by Inyoung Hwang and Oliver Renick (Bloomberg) — U.S. stocks joined a rally in European shares as growing conviction that the Federal Reserve will raise interest rates this summer sparked gains in financial shares. The dollar rose and Treasuries fell as housing data reinforced
Euro Falls to 1-Month Low as Inflation Drop Widens Gap With U.S.
©2016 Bloomberg News O0I2UA6KLVRC (Bloomberg) — The euro slumped to its lowest in a month as an inflation report highlighted the persistent gap between economic growth in the currency bloc and in the U.S. The common currency fell a fourth day, extending its longest losing streak since November, as a
