GLOBAL STOCKS AT TWO-YEAR HIGHS, NIKKEI SKIRTS RECORD

It's a mixed bag in the markets today, with soaring stock indexes contrasting with cool economic updates in the U.S. and hawkish signals from the Federal Reserve. As investors await the release of U.S. producer inflation numbers, uncertainty hangs in the air.

Despite the economic ambiguity, major stock indexes continue to climb, with global stocks hitting 2-year highs. The Nikkei in Japan is inching closer to its 1990 record, and Hong Kong's Hang Seng is rallying ahead of China's post-New Year reopening next week.

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