GLOBAL MARKETS-Stocks, euro rally on data as Egypt fears ebb
NEW YORK: Global stocks jumped on Tuesday, Feb 1 in a broad rally spurred by hopes of further economic recovery after strong factory data worldwide, while safe-haven assets such as bonds fell as worries about unrest in Egypt ebbed.
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The Fed: Bernanke spies hints of improving economy
Fed chief says he sees signs of heathier consumer spending and job growth, but these hints don’t alter his long-standing view that the recovery would be gradual.
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