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Stocks eke out gain as Nvidia rally slows, yields slip

GLOBAL MARKETS-Stocks eke out gain as Nvidia rally slows, yields slip Adds closing market prices Nvidia crosses $2 trillion valuation, then slips AI drives optimism but rate cut outlook spurs uncertainty MSCI ACWI, STOXX 600, Dow, S&P 500 close at new highs Dollar heads for first weekly fall of 2024 By Herbert Lash NEW YORK, Feb 23 (Reuters) - A gauge of global equity markets lost steam on Friday but still set a new high amid optimism over Nvidia's potent results, while Treasury yields fell as t
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Dollar index on track for first weekly fall this year

FOREX-Dollar index on track for first weekly fall this year Updated at 1500 EST/2000 GMT By Karen Brettell NEW YORK, Feb 23 (Reuters) - The U.S. dollar index was on track for its first weekly fall in 2024 on Friday as investors took a breather from buying the currency following an almost two-month rally built on expectations that the Federal Reserve will begin cutting rates later than previously expected.
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Stocks lose steam as Nvidia optimism fades, yields slip

GLOBAL MARKETS-Stocks lose steam as Nvidia optimism fades, yields slip Adds gold, WTI oil settlement price, analyst comment, paragraphs 4-5, 9-10, updates prices at 2:45 p.m. ET (1945 GMT Nvidia crosses $2 trillion valuation, then slips AI drives optimism but rate cut delays spur uncertainty STOXX 600, French, German indices close at new highs Dollar heads for first weekly fall of 2024 By Herbert Lash and Huw Jones NEW YORK/LONDON, Feb 23 (Reuters) - A gauge of global equity markets lost steam o
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US recap: Dollar's 2024 run of weekly gains ends quietly, PCE next

BUZZ-COMMENT-US recap: Dollar's 2024 run of weekly gains ends quietly, PCE next Feb 23 (Reuters) - The dollar index fell 0.04% Friday and lost 0.3% on the week amid squaring of EUR/USD and GBP/USD shorts taken earlier this year as rapid Fed rate cuts got priced out faster than those for the ECB and BoE, with the focus now on U.S., euro zone and Japanese inflation data next week.
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Stocks lose steam as Nvidia optimism fades, dollar steady

GLOBAL MARKETS-Stocks lose steam as Nvidia optimism fades, dollar steady Adds dateline, byline, comment in paragraphs 8-9, updates prices at 11:35 a.m. ET (1635 GMT Nvidia crosses $2 trillion valuation, then slips MSCI ACWI, STOXX 600 hit new highs Dollar heads for first weekly fall of 2024 By Herbert Lash and Huw Jones NEW YORK/LONDON, Feb 23 (Reuters) - A gauge of global equity markets lost steam on Friday after setting a new intraday high as optimism over Nvidia's results faded while the doll
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