Stocks Rebound From Slump as Pound Slides on Moody’s CutAndrew Rummer and Nikolaj Gammeltoft
Global stocks rebounded from the worst slump since November as German business confidence rose more than forecast. Treasuries rose for a third day. The pound slid following the close of markets in New York after the U.K. government lost its Aaa rating from Moody’s Investors Service.
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