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Stocks Pare Early Losses as Trump Lets Bannon Go: Markets Wrap

  • Major U.S. equity indexes whipsaw before ending lower
  • Havens like gold and Japanese yen retrench, oil surges
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Quilvest Says Investors Will Reduce Risk Short-Term

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Stocks rallied from early session lows after the White House announced that Steve Bannon would be leaving his job as chief strategist on Friday. Oil surged, while havens such as gold and the yen gave back some gains.