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    Stocks rally in Asia; US equity futures drop - Livemint thumbnail

    Seoul: A currency trader walks by screens showing the Korea Composite Stock Price Index (AP)

    2 min read

    . Updated: 25 Mar 2020, 07:26 AM IST

    Bloomberg

    For now, indexes in South Korea, Hong Kong and Australia climbed more than 3% and Japan was up 5%

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    Stocks in Asia rallied after the best session for U.S. stocks in almost a dozen years, with investors rediscovering some appetite for risk as Congress negotiates an emergency-spending bill.

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    Even so, U.S. futures declined; American — and global — equities haven’t posted back-to-back daily gains since the first half of February. For now, indexes in South Korea, Hong Kong and Australia climbed more than 3% and Japan was up 5%, after the S&P 500 soared over 9% Tuesday. The dollar extended declines against both developed and emerging currenci
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