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Markets Right Now: Dow surges 669, clawing back lost ground Strong gains in technology companies and banks are leading stocks higher as the market recoups some of its huge losses from last week. Microsoft jumped 5.6 percent in midday trading and Bank of America rose 2.8 percent. Facebook fell another 2.9 percent after the Federal Trade Commission said it ...
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REFILE-UPDATE 1-China oil futures launch may threaten primacy of US dollar: UBS NEW YORK, March 26 (Reuters) - China's launch on Monday of its crude futures exchange will improve the clout of the yuan in financial markets and could threaten the international primacy of the dollar, argues a new report by Hayden Briscoe, APAC head of fixed income at UBS Asset Management.
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