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Global Markets-Stocks surge on U.S. corporate results, bonds fall
2014-10-23 22:31:43| Chemicals - Topix.net
Global equity markets rose on Thursday, with stocks on Wall Street surging more than 1 percent as U.S. corporate earnings continued to beat expectations, while government debt prices fell on encouraging American and German economic reports. Results from Caterpillar Inc and 3M Co, both Dow components, reassured investors that companies with large overseas revenue streams can deliver solid profits despite concerns about global economic growth.
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Category:Chemicals