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Cautious rebound ahead of bank results

STI up 16.01 points to 3,088.48 after US banks pushed Wall Street to a new high overnight

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AFTER dropping 39 points on Tuesday because of a bank-led sell-off, the Straits Times Index (STI) rebounded 16.01 points on Wednesday to 3,088.48 after US banks pushed Wall Street to a new high overnight following comments from Federal Reserve chair Janet Yellen about the need the raise interest

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