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ZERO HEDGE writes:

Monday’s ferocious rally halted and reversed on several occasions overnight, following a report that the G7 meeting that started moments ago, at 7am ET this morning, and which sparked a record point gain in the Dow Jones Index, may disappoint. Specifically Reuters reported that while G7 finance officials and central bankers will discuss ways to bolster their economies against the impact of the spreading coronavirus outbreak, the meeting will not be another Shanghai Accord (contrary to widespread speculation) ...

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