Stock Market Today – 6/17: Dow Higher Amid Worst Week In 2 Years; Biden Says Recession Not ‘Inevitable’

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The Street

By Martin Baccardax Stocks are looking to close out their worst week in two years on a high note as investors fade recession bets in the world’s biggest economy. U.S. equity futures bumped higher Friday, while Treasury bond yield and the dollar held near recent levels, as stocks look set to close out their worst week in two years focused on growth prospects in the world’s biggest economy. With big rate moves from central banks now largely behind it — or clearly telegraphed for the near-term — markets are now adjusting to slower growth prospects for both the U.S. economy and its major global…

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