NEW YORK, United States — Stocks mostly rose and the dollar retreated Wednesday on hopes for further US interest rate cuts and a solid set of company earnings. Gold surged to a new high above $4,200 an ounce. This was boosted also by a fresh flare-up in China-US tensions. The dollar was weighed down by warnings on Tuesday from Federal Reserve boss Jerome Powell on risks to the US labor market. This reinforced expectations the central bank will cut rates at its October meeting. “There was nothing in yesterday’s speech to kind of dissuade the market from thinking those rate cuts […]... Keep on reading: Stocks rise on US rate cut hopes, strong company earnings