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World shares gain as investors shrug off downbeat data

June 24, 2022

Via: ABC News

Shares were higher in Europe and Asia on Friday despite data suggesting some economies are slowing.

U.S. futures also advanced after a rally Thursday on Wall Street, where the market is headed for its first weekly gain after three weeks of punishing losses.

Market players are looking ahead to U.S. inflation data due next week and hoping that the moderation in prices of oil and some other commodities this week is a sign inflation might be abating.

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