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US, global stocks gain for 3rd day; yields slip


  • Markets
  • Wednesday, 14 Feb 2018

MSCI's gauge of stock markets in 47 countries closed up 0.32 percent and its emerging markets index rose 0.96 percent on Tuesday.

MSCI's gauge of stock markets in 47 countries closed up 0.32 percent and its emerging markets index rose 0.96 percent on Tuesday.

NEW YORK:Stocks on major world markets rose for a third day in a row on Tuesday while bond yields slipped ahead of a widely anticipated U.S. inflation report that has investors on edge as it may increase the pace of future U.S. interest rate rises.

After tumbling about 12 percent in the past two weeks from record highs, benchmark U.S. stock indexes were helped on Tuesday by gains in Amazon.com and Apple, while advances by Asian heavyweights Tencent, Alibaba and Taiwan Semiconductor supported world markets.

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