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Global Markets: U.S. stocks rise on oil, strong earnings as dollar gains

Reuters  |  NEW YORK 

By Hilary RussNEW YORK (Reuters) - The S&P 500 stock index hit a four-month high on Tuesday, boosted by higher oil prices and strong earnings, while the U.S. dollar rose against the safe-haven Japanese yen as investors bought riskier assets.World share markets remained near three-week highs, supported by optimism about U.S. company earnings and the notion that global economic growth can withstand trade tensions."The first major earnings report came out, and PepsiCo's earnings beat expectations and that's a good start for the market," said Peter Cardillo, chief market economist at Spartan ...

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First Published: Tue, July 10 2018. 21:11 IST
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