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World stocks shrug off slowing China trade to hit record high

Reuters  |  LONDON 

By Nigel StephensonLONDON (Reuters) - Global stocks inched up to a new all-time high on Tuesday, shrugging off weaker-than-expected China's trade data that clouded an otherwise bright outlook for global growth.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.However, MSCI's all-country world index ticked up to set a new record high at 480.76 points. It was last up less than 0.1 percent at 480.54 points.The index, which tracks shares in 46 countries, is on track for longest monthly ...

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First Published: Tue, August 08 2017. 15:25 IST
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