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Global Stocks Rise As China Rebounds Dollar Falls Markets Wrap Moneywe Most equities rallied tuesday after the previous day's global rout fueled by u.s. recession fears that have led to calls for the federal reserve board to cut interest rates before its next meeting. Spot gold rose 0.7% to $1 753.83 an ounce. a gauge of global equities advanced, led by a rebound in chinese stocks as nationwide unrest over covid curbs eased. The msci china index, a go to for global investors eyeing mid to large cap stocks, has bounced back with a solid 20% surge from its bear market lows. "roughly one third of constituents reached new. Msci's gauge of stocks across the globe (.miwd00000pus), opens new tab rose 8.91 points, or 1.17%, to 770.99, below its 777.81 session high. this was after the index fell more than 3% on monday.
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