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Stocks fell on Thursday amid retreating tech stocks and cautiousness ahead of a Federal Reserve rally that could provide more clues as to its approach to reducing stimulus. The dollar has gone up.
The Stoxx Europe 600 index fell 0.6%, dragged down by tech stocks and retailers, with the media being the only bright spot. MSCI Inc.’s Asia-Pacific Gauge Recorded Three-Day Rally, With Chinese Tech Names collapse on disappointing profits and Beijing’s crackdown on private industries.
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