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Weak data continues to drive stocks up

ST Index rises another 2.2%, after Wall Street's rebound in response to last Friday's disappointing US jobs report


ONCE again, it appears that "bad economic news is good for stocks". Wall Street has rebounded strongly since the release of a weak September jobs report last Friday, as this suggests that the US Federal Reserve might not raise interest rates any time soon.

On Wednesday, a 130-point surge...

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