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U.S. dollar, Treasury yields slip on U.S. inflation data, stocks up

Reuters  |  NEW YORK 

By Sinead CarewNEW YORK (Reuters) - The U.S. dollar fell and was on course for its worst week in more than a month, while Treasury yields fell after underlying U.S. inflation data offset higher gasoline prices and strong retail sales in the wake of disruptions caused by hurricanes.Stocks on major world stocks however hit their fourth record in a row, with Wall Street moving higher as some investors bet that the inflation data could curb future Federal Reserve's rate rises.European shares also rose to their highest level in nearly four months, helped by some well-received corporate earnings ...

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First Published: Fri, October 13 2017. 21:26 IST
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