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World stocks at record highs, dollar slide deepens

World stocks at record highs, dollar slide deepens

Saturday, March 18, 2017, 12:03 PM

A global stock market index hovered near record highs on Friday, wrapping up a week when many of the world’s biggest economies either raised interest rates or signalled they might do so, underlining confidence about economic growth and inflation. U.S. dollar slipped, continuing its slide in the wake of the Federal Reserve’s decision to boost interest rates but maintain a gradual pace of hikes.
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