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Global stocks mixed after Wall Street rebound

WorldNews Thursday, 22 August 2019
BEIJING — Global stock markets were mixed Thursday following Wall Street's rebound as investors looked ahead to a speech by the U.S. Federal Reserve chairman for clues about possible interest rate cuts. Investor reaction was muted following Wednesday's release of notes from the latest Fed meeting showing conflicting opinions about rates. Benchmarks in London and Frankfurt declined in early trading. Hong Kong closed down while Shanghai and Tokyo advanced. Investors are looking to Chairman Jerome Powell's speech Friday for guidance about whether the Fed might...
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Credit: Wochit Business - Published < > Embed
News video: Wall Street Climbs On Rumors Of Stimulus Efforts

Wall Street Climbs On Rumors Of Stimulus Efforts 00:34

U.S. stocks edged higher on Monday as rumors of stimulus efforts in China and Germany grew. According to Reuters, the reports of a possible uptick eased fears of a global downturn. The S&P 500 recovered following Wednesday’s shortlived flip of the yield curve between 2-year and 10-year Treasuries....

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