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Global stocks surge to 10-week high on recovery hopes

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in
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LONDON/SINGAPORE (Reuters) - Global stocks rose to a 10-week high on Wednesday as investors regained hopes of recovery from a coronavirus-fuelled recession, while oil prices also strengthened. Italian bonds remained at their multi-week lows, continuing to gain from a Franco-German plan for a 500 billion-euro coronavirus recovery fund, ignoring a hawkish counter-proposal in the works.Europe's STOXX..
Date Published: May 20, 2020
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