Pavan Sharma

US stocks ended a four-day rally on fears of slowing global growth after the International Monetary Fund (IMF) trimmed its outlook.

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China’s economy slowed to its lowest rate of growth since the global financial crisis in the fourth quarter with official gross domestic product up 6.4 per cent compared to a year earlier, although this was in line with economists’ expectations.

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Investor sentiment continued to improve on the back of reports the US and China are prepared to make concessions in trade talks and there has been a shift in tone.

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