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Global stocks dip on U.S. tax reform doubt; no respite in havens

Reuters  |  NEW YORK 

By Trevor HunnicuttNEW YORK (Reuters) - Global stock indexes and the U.S. dollar cooled off Friday as signs that U.S. tax reform could be delayed impeded the market's momentum.MSCI's global stock index, which tracks shares in 47 countries, declined 0.15 percent, slipping further from a record level. On Thursday, the global index fell 0.4 percent following 10 straight days of gains. The dollar index, too, fell 0.06 percent.The MSCI world index surged more than 20 percent so far this year, and some investors believe a pullback is due. "The pause that the market is currently in is directly ...

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First Published: Sat, November 11 2017. 03:06 IST
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