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World stocks shrug off slowing China trade growth to hit record

Reuters  |  LONDON 

By Nigel StephensonLONDON (Reuters) - Global stocks inched up to a new record high on Tuesday, shrugging off weaker-than-expected Chinese trade data that clouded an otherwise bright outlook for global growth.Wall Street was expected to open flat to marginally lower, according to index futures, after slight falls on European bourses and modest gains in Asia.Chinese imports and exports both fell well short of forecasts last month and growth in overall trade, while still a healthy 8.8 percent, was its slowest this year.Trade in Germany, Europe's powerhouse economy, slowed abruptly in June - ...

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First Published: Tue, August 08 2017. 17:39 IST
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