Friday 16 November 2018
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eaglenews - 7 days ago

World stocks rally ebbs while oil prices sink

NEW YORK, United States (AFP) A global stocks rally faded on Thursday as the European Union warned of slowing growth and Wall Street pulled back from a post-election bounce. Meanwhile, fears of higher oil supply sent prices into a bear market, or a 20 percent decline from last month s high, which weighed on oil-related stocks. The dollar strengthened against major rivals after Wednesday s selloff in the wake of the key US midterm elections. London [ ]

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