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European and US stocks rebounded Wednesday from the previous day's sharp losses, as dealers went fishing for bargains, digested lower-than-expected UK inflation and shrugged off equity losses elsewhere.
LONDON : Global stocks fell on Wednesday, while the dollar and Treasury yields stayed strong, as traders pared back expectations for the pace and scale of rate cuts by the Federal Reserve this year.The latest shift in rate expectations came after an upside surprise in U.S. inflation on Tuesday that showed
MSCI’s all-country index dipped 0.1 per cent early Wednesday after hitting a two-year high earlier in the week
European and US stocks rebounded Wednesday from the previous day's sharp losses, as dealers went fishing for bargains, digested lower-than-expected UK inflation
European and US stocks rebounded Wednesday from the previous day's sharp losses, as dealers went fishing for bargains, digested lower-than-expected UK inflation and shrugged off equity losses elsewhere.