Nippon Steel shares rallied after completing its $14.1 billion acquisition of US Steel, while global markets tracked key economic data, US equity allocations, and major policy developments including US tariffs, crypto legislation, and central bank moves.
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Goldman Sachs highlights that surging inflows from US retirement accounts, particularly 401(k) plans, are fueling the current stock market rally, with equity allocations and annual contributions reaching record highs.
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https://en.infomaxai.com/news/articleView.html?idxno=67870