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Strong German data helps European shares recover; Wall Street futures subdued

A gauge of global equity markets rose on Wednesday after Federal Reserve Chair Jerome Powell said interest rates will remain low, calming market jitters sparked by a jump in U.S. Treasury yields on fears that a robust recovery would drive inflation higher.

GLOBAL MARKETS-European shares strengthen, but tech stocks under pressure

European shares opened generally higher on Wednesday but world shares remained in the red after a weak Asian session, even after Fed Chair Jerome Powell pushed back against inflation fears.

European shares strengthen, but tech stocks under pressure

European shares strengthen, but tech stocks under pressure
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