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Global Stocks Slip After Wall Street Rally Fizzles: Markets Wrap

Global Stocks Slip After Wall Street Rally Fizzles: Markets Wrap
Global stocks fell Monday, striking a more cautious note after Wall Street’s powerful second-quarter rally lost steam at the end of last week. Chemical and construction firms paced declines in Europe, while banking stocks outperformed. Among the biggest individual movers, Sartorius AG slumped 15% after issuing a bigger-than-expected profit warning. In Asia, disappointed hopes for further stimulus pushed down Chinese tech companies. Wall Street’s rally has now erased more than a year of Fed-induc... Read More
Posted: Jun 19 2023, 12:04
Author Name: vladimirribakov
Views: 102125

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