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World shares mixed as investors weigh virus risk, stimulus

May 13, 2020

Via: ABC News

BANGKOK — Global shares were mixed Wednesday after Wall Street fell to its biggest loss since the start of the month on worries about the downside of reopening the economy from coronavirus shutdowns too soon.

Stocks retreated Wednesday in London, Tokyo and Paris, but reversed early losses in Shanghai. Gloomy economic indicators pulled European shares lower in early trading.

India’s Sensex jumped more than 2% after the government announced it would spend more than $260 billion more to help the economy weather the pandemic.

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