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World stocks attempt rebound after selloff

Reuters  |  LONDON 

By Ritvik CarvalhoLONDON (Reuters) - World stocks attempted a rebound on Friday with Asian and European markets gaining modestly after the previous day's selloff, while oil prices fell as producers bickered over the details of an output cut.The pan-European STOXX 600 index was up 1.2 percent by 0857 GMT, after falling as much as 3.2 percent during Thursday's rout, which was triggered by the arrest of the chief financial officer of Chinese smartphone-maker Huawei in Canada.The arrest, coming on the heels of a 90-day trade truce between the United States and China, triggered fears that the ...

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First Published: Fri, December 07 2018. 17:50 IST
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