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Stocks buoyed by tech rebound; Dudley remarks lift Treasury yields

Reuters  |  NEW YORK 

By Chuck MikolajczakNEW YORK (Reuters) - World stock markets climbed on Monday as technology and retail stocks rebounded from recent weakness and U.S. Treasury yields rose in the wake of hawkish comments from a Federal Reserve official.The tech sector , up 1.7 percent, pushed equity indexes on Wall Street higher, with the Dow and S&P 500 closing at records. The group had fallen 3.4 percent over the past two weeks but are up nearly 19 percent on the year. [.N]"From a technical standpoint you know there are throngs of investors probably sitting on the sidelines watching that tech rally, wanting ...

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First Published: Tue, June 20 2017. 01:42 IST
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