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GLOBAL SHARES, US STOCKS TURN LOWER

  • NEWS Desk Global
  • Dec 9, 2024
  • 1 min read



Global shares turned lower on Monday as traders focused on inflation data and chip stocks fell, while Beijing's promise of stimulus lifted oil and gold prices.

U.S. inflation data this week could cement a December rate cut. China's decision on Monday to alter the wording of its stance towards monetary policy for the first time since 2010 helped global sentiment. Beijing pledged to introduce stimulus to encourage economic growth next year.

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