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Global Markets: Bank results impede Wall Street, trade hopes support European stocks

Reuters India Monday, 15 April 2019
World stocks retreated from earlier gains on Monday as underwhelming quarterly results from U.S. banks weighed on Wall Street, though progress in U.S.-China trade talks helped European stocks tread water.
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News video: Wall Street Dips

Wall Street Dips 00:43

According to Reuters, U.S. stocks headed lower on Wednesday, as a selloff in healthcare stocks extended for a second day, overshadowing a rally in chipmakers led by Qualcomm. The S&P healthcare index tumbled 2.5%, on pace to wipe out its yearly gains over concerns about potential changes to...

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