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Published 1 year ago

Global shares jump, boosted by a strong reading on US retail

Summary by KSTP News
Global shares have advanced, cheered on by a stronger than expected reading on U.S. retail sales that set off a Wall Street rally. A report showed U.S. shoppers opened their wallets at stores last month by much more than expected. Benchmarks rose in early trading in France, Germany and Britain. Shares finished higher in Tokyo, Sydney, Seoul and Hong Kong but fell in Shanghai. In the latest data on the regional economy, Japan’s trade deficit reac…

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