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Ahead of elections, investors slam brakes on stocks

November 5, 2018

Via: NBC News

World stocks slipped on Monday, halting a four-day recovery rally as anxiety surrounding global trade conditions and rising U.S. interest rates dampened risk appetite.

European shares managed to reverse losses in choppy trade as investors readied for U.S. congressional midterm elections on Tuesday, while sterling briefly climbed on a newspaper report that a Brexit agreement was imminent.

U.S. stock futures also crept into positive territory, indicating a stronger start for Wall Street with S&P 500 futures up 0.1 percent and Nasdaq futures up 0.2 percent.

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