Stocks rise with U.S. big growth shares; 5-yr U.S. yields climb

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Reuters

By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes mostly rose on Monday following gains in U.S. mega-cap technology and other growth names, while five-year Treasury yields rose to their highest levels since early 2020. The dollar dipped after data showed production at U.S. factories fell by the most in seven months in September, erasing earlier gains. MSCI’s gauge of stocks across the globe was also slightly higher, reversing earlier losses following data showing China’s gross domestic product grew 4.9% in the July-September quarter from a year earlier, its weakest pace since …

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