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Most US stock indexes rose at the end of Wednesday's trading session after strong trading losses and a sharp decline in government bond yields.
Dow Jones was able to reduce its losses, which exceeded 580 points in trading, to close slightly lower, while S & P and Nasdaq rose as a result of the rise in Apple stocks.
The Wall Street decline faces fears of a slowdown in global economic growth, due to the decline in 10-year US Treasury yields at the lowest level since 2016.
This has resulted in a reversal of US bond yields at the peak since 2007, raising fears of an economic recession.
The Chinese central bank on Wednesday set the yuan's benchmark rate at a lower than expected level, after the US officially accused Beijing of handling the currency.
Trade tensions between China and the United States have recently intensified, with Washington planning to impose tariffs on the rest of China's imports starting next month.
In closing, the Dow Jones Industrial Average Index fell 0.09%, or 22 points, to 26007
The Standard & Poor's rose by 0.08% to 2883 points and the Nasdaq by 0.4% to 7,862 points.
The dollar index, which tracks the performance of the currency against six major currencies, remained stable at 97.611.
Date: 2019-08-07
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