Stock markets extend gains as policymakers pull out all the stops
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WASHINGTON/LONDON (Reuters) - European and U.S. stocks extended gains on Thursday after initially dropping, in a sign of tentatively more stable markets, as the Federal Reserve and other central banks across the world moved to stem a coronavirus-induced financial rout.The most recent move by the Fed to boost liquidity in tight markets, especially trading for Treasury securities, helped calm jittery investors and lift the dollar to a fresh three-year high against a basket of major currencies .The..