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World shares extend losses after Wall Street decline

December 29, 2022

Via: ABC News

Shares slipped in Europe and Asia on Thursday after benchmarks fell more than 1% on Wall Street in the middle of a mostly quiet and holiday-shortened week.

U.S. futures were mixed and oil prices declined more than $1 a barrel.

Investors are watching to see how China’s relaxation of its stringent COVID-19 policies, and the outbreaks of infections that have followed, will affect business activity and travel.

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