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Some Global Markets Follow U.S. Stocks Higher

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Some global stock markets followed the S&P 500’s rally Tuesday, but others retreated

Australia’s S&P/ASX 200 rose 2.6% and Hong Kong’s Hang Seng Index added 1.3% in Tuesday’s early afternoon trading in Hong Kong. The Shanghai Composite Index gained 0.5%. The Australian index had been closed Monday for a holiday.

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