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Global Stocks Mostly Rise Amid Ongoing China, U.S. Trade Talks

Global stocks spiked mostly on Friday just weeks before the U.S. and China are set to hold high-level trade talks in Washington.

TOKYO (AP) — Global shares mostly rose Friday ahead of U.S. jobs data for August, on renewed hopes for U.S.-China trade negotiations next month, and as the Chinese central bank’s cut one of its interest rates.

Economists have forecast that U.S. businesses and governments added 160,000 jobs last month, nearly the same as July’s 164,000 gain. That number could reduce the unemployment rate, now near a 50-year low of 3.7%, even further.

Continue reading the full article at the Associated Press.

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