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...Jagjit S ChadhaDirector, National Institute of Economic and Social Research, London SW1, UK...
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...The benchmark S&P 500 index rose 0.5 per cent in a broad rally, with tech and real estate the best-performing sectors. Nearly two-thirds of stocks closed higher....
...Stock markets in Asia were muted in early trading on Wednesday despite the US S&P 500 closing at a record high....
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