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Emerging-Market Stocks and FX Rise as Dollar, Yields Fall

Emerging-market stocks stabilized after early losses on Wednesday, while a weaker dollar following Democrats' US midterm election victory supported demand for developing-market assets.

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SquawkNews Desk

By Sudeshna Ghoshal and Ragini MathurMSCI's emerging-market stock index stabilised on Wednesday, recovering from sharp early losses as a weaker US dollar following Democrats' sweeping US midterm election victory supported demand for developing-market assets.In a major setback for US President Donal…

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