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Global stocks trade lower on downbeat economic data

May 04, 2020 | Investment
Global stocks trade lower on downbeat economic data

Key Takeaways

 

  • US stocks fell amid disappointing jobless claims data and despite further support from the Fed
  • European stocks declined amid downbeat economic data and earnings reports; bonds gained
  • Most Asian markets were closed for Labour Day; Japan and Australia equities fell after President Trump mooted new tariffs on China

 

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