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China tariff cut buoys stocks as investors look beyond virus

Reuters Thursday, 6 February 2020
Stock markets across the world rose on Thursday, buoyed by record highs on Wall Street and a move by China to halve tariffs on some U.S. goods that emboldened bets that the global economy would avoid long-term damage from the coronavirus.
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News video: Virus fears wipe $393 bln off China's stock market

Virus fears wipe $393 bln off China's stock market 01:28

Investors erased $393 billion from China's benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year. Michelle Hennessy reports.

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