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investingLive Americas market news wrap: Megacap tech struggles, US dollar slides on PCe

UN shipping agency says it will pause Hormuz evacuation plan

US treasury sells $44 billion of 7- year note at a high yield of 4.26%

Dallas Fed trimmed mean PCE price index +2.8% vs +2.4% prior

Israel-Lebanon meeting hits dead end as Israel insists on occupation

Micron kicks off a strong opening for US stocks

US May durable goods orders -4.5% vs -4.5% expected

US May PCE inflation 4.1% vs 4.1% expected

US initial jobless claims 215K vs 225K estimate. Continuing claims 1.821M vs 1.800M est

US GDP final Q1 2.1% versus 1.6% estimate

investingLive European markets wrap: Oil, precious metals drop; equities surge on Micron

Oman reaffirms that future arrangements for Strait of Hormuz do not involve tolls