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Markets scale new heights despite potential rate-cut delays

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Wall Street stocks hit bull market territory despite signs that the US economy is defying projections of a soft landing.

Wall Street stocks hit bull market territory despite signs that the US economy is defying projections of a soft landing.

PHOTO: AFP

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SINGAPORE - Global markets powered higher through a rocky week, even amid signals that central banks’ pivots to easier monetary policy might take longer than expected.

Wall Street stocks hit bull market territory despite signs that the United States economy is defying projections of a soft landing – seen as necessary to moderate price rises.

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