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Global stocks recover after sell-off
Global stocks regained their balance after a sharp sell-off that led to a decline in stock indices and bond prices, as markets experienced relative stability and an improved appetite for risk. Semiconductor stocks on Wall Street declined, with companies like SK Hynix announcing share buyback programs worth $28.6 billion. In Europe, markets successfully broke a five-day losing streak, while global bond prices rose, with U.S. Treasury yields climbing to 5.27%. Data indicates that the correction wave was fueled by inflation concerns and rising levels of government debt.
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