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Global stocks rise after lower US inflation eases rate fears

Por: ABC News Business November 11, 2022

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BEIJING -- Global s rose Friday after U.S. inflation eased more than had been expected, spurring hopes the Federal Reserve might scale down plans for more interest rate hikes.Hong Kong's benchmark surged 7.7% while Tokyo and Shanghai also gained. London and Frankfurt rose in early trading. Wall Street futures were higher. Oil prices rose more than $2 per barrel.Wall Street's benchmark S&P 500 index rose by its biggest one-day margin in... + full article



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