The Switzerland stock market's benchmark index SMI closed on a strong note on Tuesday after staying positive right through the day's session thanks to sustained buying at several counters.The SMI, which climbed to a high of 13,425.38 intraday, settled at 13,364.80, gaining 124.10 points or 0.94%.Lonza Group climbed 4.21%. Sonova moved up 3.52%, while Alcon and Roche gained 2.72% and 2.4%, respecti...
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Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.