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Friday, August 28, 2015

Stocks rebound in style

The sensex which was suffering the shocks coming from China has recently recovered and reached its 26000 mark again. Thank to the senior Fed policy maker who said the case for a Sep rate hike looked less compelling.
Fed President William Dudley said the arguments for a rate lift off were less compelling than it was a week ago because the threat posed by the recent spell of global market turbulence over Chinese slowdown fears.

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