Economics

U.S. Stocks Limp to the Finish of a Healthy July: Markets Wrap

  • Dollar index pares monthly decline; WTI oil tops $50 a barrel
  • Copper hits a two-year high; Treasuries remain steady

BlackRock Strategist Sees Strong U.S. Economic Momentum

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U.S. stocks slumped Monday despite a strong performance for the month, spurred by healthy corporate results and growing optimism in the strength of the global economy. Treasuries slid and the dollar added to its biggest monthly retreat since January.