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World shares mostly advance after Wall Street slips following Feds rate hike decision

HONG KONG (AP) — World shares mostly advanced on Thursday despite Wall Street closed lower following the Federal Reserve’s interest rate hike decision for the first time in three years. The quarter of a percentage point increase brings the Fed’s key rate to a target range of 3. 75%-4. 00%, as it attempts to control U. S. inflation that’s been stubbornly above its target. U. S. futures were higher. The futures for the S&P 500 climbed 0. 8%, while that for the Dow Jones Industrial gained...

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