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Home>Stocks Down on U.S. Rate Prospects

Stocks Down on U.S. Rate Prospects

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Mon, 29 Aug 2016

By Riva Gold Stocks in Europe and Asia declined while the dollar strengthened Monday, amid growing conviction that the Federal Reserve would raise short-term interest rates later this year. The prospect of higher rates tends to weaken stock markets, which have been boosted by years of ultraloose
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