Shares of utilities rose alongside Treasury bonds as durable-goods order data disappointed.
The weak factory report inspired bets that the Federal Reserve would postpone additional interest-rate hikes. Morgan Stanley analysts said recent weak inflation data could bolster equities in general, as it could be a sign of a "Goldilocks scenarios," with growth and inflation, "running neither too hot, nor too cold."
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-By Rob Curran, email@example.com
(END) Dow Jones Newswires
June 26, 2017 18:13 ET (22:13 GMT)