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Marketmind: 'Flash' business funk and AI buzz

A combination of worrying August business soundings from Europe and market buzz about chipmaker Nvidia's earnings later on Wednesday set world stocks on course for a third straight daily gain for the first time this month. Euro zone government bond yields and the euro tumbled as traders bet the European Central Bank may soon pause its interest-rate hike campaign, with money markets now pricing less than a 50% chance of further tightening. Ten-year U.S. Treasury yields recoiled to 4.25%, m...
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Source: yahoo.com

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