Recent US data may suggest rising odds that the economic recovery is at risk of slowing or, worse, stalling, with the resurgence in Covid-19 cases, but stocks continued to march higher. The Standard & Poor’s 500 index is back in the black year to date, rebounding 51.8% from the lows in March and is just 1.9% from its all-time record high. The positive sentiment is driving global stocks higher.

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