Emerging-Market Stocks Pare Losses After Chinese Cut

Emerging-market stocks pared losses after China cut its benchmark interest rate.

The MSCI Emerging Markets Index fell less than 0.1 percent to 955.94 at 12:03 p.m. in London. It was down 0.1 percent immediately before the Chinese move was announced.

(Removes reference to cut in reserve requirement in first paragraph.)
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