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Stock Market Today: Stocks Mixed As Hawkish Fed Blunts China Covid Hopes

Updated at 10:20 am EST U.S. stocks were only modestly higher Tuesday, while the dollar drifted lower against its global peers and Treasury yields stabilized, as investors looked for a change in China’s strict Covid health policies following rare weekend protests in the world’s second-largest economy. Security remains tight in major Chinese cities, however, and…