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China tech stocks jump after end of crackdown

BLOOMBERG Chinese tech stocks listed in Hong Kong rallied after authorities signalled an end to a years-long crackdown on the sector by imposing fines on Ant Group Co and Tencent Holdings Ltd. The Hang Seng Tech Index closed 1.1% higher, the biggest gain in a week. Alibaba Group Holding Ltd, parent of fintech giant Ant Group, led the advance, surging ...

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US stocks end week lower following slew of jobs data

BLOOMBERG US stocks slumped after a spate of jobs reports tamped down speculation the Federal Reserve would leave interest rates unchanged later this month. The S&P 500 fell 1.2% over the shortened holiday week while the Nasdaq 100 slid 0.9%. Yield on the two-year Treasury drifted down to 4.94% as investors digested government jobs data that fell short of estimates ...

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Spanish PM lags rival ahead of debate

BLOOMBERG Spanish Prime Minister Pedro Sanchez is lagging in all opinion polls as he heads into the only televised election debate with his conservative rival, even after he closed some of the gap in recent weeks. With Sanchez and Alberto Nunez Feijoo were expected to face off in a TV debate on Monday at 10 pm in Madrid, five polls ...

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