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Markets Finishing Week on Positive Note
Sentiment has improved since the volatility last month spooked investors and, perhaps, some policymakers. Global equities are rallying. The Shanghai Composite and the Nikkei are at their best levels in almost a month, while the Dow Jones Stoxx 600 is at its best level since early December, gapping above a downtrend in place since late last September. The S&P 500 is expected to open higher after yesterday's advance saw it reach the midpoint between last September's record high and the late December low. Core bond yields are firmer, with the US 10-year yield at its highest level of the year (~2.77%). European ... (full story)
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