Global Stocks Gain on Stimulus Hopes

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Global Stocks Gain on Stimulus Hopes
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Investors are betting that rate cuts and government action will be able to cushion the impact of the coronavirus epidemic

By late morning in Hong Kong on Tuesday, Australia’s S&P/ASX 200 shot up 1.5%, and South Korea’s Kospi advanced 1.1%. Japan’s Nikkei 225 reversed early gains to trade flat.

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