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Stocks adding to records as Treasury yields climb

Bloomberg US stocks added to records and the dollar held gains while Treasuries fell for a second day as the Trump administration plotted strategy for pushing a tax overhaul. The S&P 500 Index edged towards the 2,500 level, lifted by financial stocks as technology shares were little changed before Apple Inc.’s much-anticipated iPhone unveiling later on Tuesday. The Stoxx Europe ...

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Qatar slides further, Saudi Fransi down on stake sale

Reuters Qatar’s stock market slid to a 52-month closing low on Tuesday as foreign investors sold, while Banque Saudi Fransi fell in Riyadh after France’s Credit Agricole agreed to sell a 16.2 percent stake in it to local investor Kingdom Holding. The Qatari stock index fell 0.7 percent to 8,472 points, though it ended off the day’s low of 8,390 ...

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US sanctions spook Russian banks funding arms buildup

Bloomberg The new US sanctions law threatens to cut off a vital channel for Russia’s funding of its massive defense buildup, according to four people familiar with the situation. Officials in the government and state banks—Sberbank PJSC and VTB Bank PJSC are the biggest players—are looking for ways to get around the restrictions or minimise their impact on the funding, ...

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