Stocks Churn in Choppy Session, Treasuries Steady: Markets Wrap

Stocks Churn in Choppy Session, Treasuries Steady: Markets Wrap

(Bloomberg) — US stocks swung between gains and losses as markets digested upbeat corporate news and data on producer prices that will keep pressure on the Federal Reserve to tighten policy. Treasuries held steady, while UK markets were roiled once again by policy concerns.

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The S&P 500 fluctuated as the benchmark attempted to stage a comeback after a five-day losing streak. Consumer staples and health care topped the leaderboard with gains in PepsiCo Inc. and Moderna…


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