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Sector movers: Autos&Parts and Personal goods pace gains on hopes for Ukraine peace, China stimulus
Automobile & Parts continued to be buffeted by the headlines coming out of Ukraine, although in this case to the upside.
Fed raises rates, sees six more hikes in 2022
The US central bank hiked interest rates as expected and said it was now clear that rates needed to be raised and that balance sheet run-off should begin.
Thursday preview: Bank of England, Cineworld in the spotlight
Financial markets' attention on Thursday will be on the Bank of England, even as investors keep a wary eye trained on events in Ukraine.
Europe close: Stocks surge on hopes for Ukraine-Russia talks
European stocks surged on Wednesday and finished near their best levels of the session on hopes that peace talks to end the Ukraine war would succeed, even as investors also eyed a meeting of the US Federal Reserve for an interest rate rise.
Ukraine and Russia draw-up neutrality plan, FT reports
Russia and Ukraine have drawn up a neutrality plan to end the war after making significant progress, including on a cease-fire and the withdrawal of Russian troops.
US retail sales jump past forecasts in February
US retail sales came in far above economists' forecasts thanks to upwards revisions to data for January.
US import prices rise a bit more slowly than expected in February
The cost of goods imported from abroad increased a tad more slowly than anticipated last month.