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Wall Street rally is being fueled by interest rate sensitive growth stocks, largely on the tech front

Wall Street's rally is being fuelled by interest rate sensitive growth stocks, largely on the tech front.

PHOTO: REUTERS

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SINGAPORE - Although benign inflation numbers cheered markets, there was discernable caution among traders following several weeks of record-setting gains.

While Wall Street, which is the undisputed beacon for global equity markets, continued powering to new highs, the past week was also characterised by some turbulence.

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