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Global stocks, oil prices decline; German growth lifts euro

Reuters  |  NEW YORK 

By Sinead CarewNEW YORK (Reuters) - World stocks were down for the fourth day in a row on Tuesday, while strong economic growth in Germany boosted the euro to an almost three-week high. Wall Street was lower on weak oil prices, uncertainty about U.S. tax policy and the economy's ability to deal with more interest rate hikes. European stocks fell to a two-month low.U.S. Treasury two-year note yields climbed to a nine-year peak while long-dated debt yields fell, flattening the yield curve flattened for a second straight day, while investors braced for a Federal Reserve December rate hike.In ...

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First Published: Wed, November 15 2017. 03:00 IST
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