A man looks at a screen displaying stock price movements at the Moscow Exchange office in Moscow.NEW YORK - Global stocks mostly pushed higher on Monday as investors remained optimistic interest rates won't go higher and China made moves to boost lacklustre growth.
On Wall Street, the Dow opened flat and the S&P 500 and Nasdaq edged higher at the open of another busy week for company earnings reports and data. "There are three data points on Tuesday, Thursday and Friday covering the health of the US jobs market, which has so far been solid as a rock despite rising interest rates making life harder for businesses."
"We do expect a much lower reading in inflation by the end of the year," said Bert Colijn, a senior economist at ING.
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