11-07-2016 15:05 via news.yahoo.com

GLOBAL MARKETS-Global stocks rally, markets look for more stimulus

Global stocks rallied on Monday as a combination of electoral success for Japanese Prime Minister Shinzo Abe and the emergence of a sole candidate to succeed David Cameron as British prime minister reduced political uncertainty even as markets looked forward to more stimulus from central banks. Wall Street looked set to follow European and Asian markets higher, according to index futures . Britain's referendum wrought turmoil in global markets, prompted forecasts of lower global growth and raise
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