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Turbulent Week in World Markets Ends Quietly

Despite better-than-expected U.S. growth in the second quarter, Wall Street finished a tumultuous week with key indexes mostly unchanged. Meanwhile, Asian markets closed in positive territory for a second day as Beijing snapped up more shares to stabilize Chinese stocks. But investment analyst Mike Ingram of BGC Partners in New York said China’s problems are far from over. “They’re backing the stock market in Shanghai, buying up stocks, but some fundamental problems [are...

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