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Wall Street up on optimism from China data, bank earnings

2016-01-20 03:52:00| Paper - Topix.net

Wall Street was rising after China's slowest annual growth rate in 25 years raised hopes of further stimulus measures from Beijing, and on strong earnings reports from Bank of America and Morgan Stanley. China's 2015 growth hit 6.9 percent after the fourth quarter slowed to 6.8 percent, capping a tumultuous year in which concerns about Beijing ability to rebalance the slowing economy have rattled investors across markets.

Tags: data street china bank

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