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US stocks grind to another record high, bond yields fall – Markets – afr.com
Modest gains across the board in New York. US 10-year note drops to 1.29pc. Bitcoin surges above $US47,000.
The US equity rally slowed on Friday after data showed the University of Michigans preliminary sentiment index fell by 11 points to 70.2, the lowest since December 2011.
The slump in confidence risks a more pronounced slowing in economic growth in coming…
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