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China Stocks Rally, End Up After 'Circuit Breaker' Deactivated

After twice triggering a "circuit breaker" mechanism earlier this week because of huge losses, Chinese stocks drifted in and out of positive territory in the first hours of trading Friday, before closing up at the end of the day. The trading halt, called a circuit breaker, was intended to calm markets, but it seemed to be having the opposite effect, so Chinese officials suspended the rule late Thursday. With the circuit breaker deactivated, the Shanghai Composite Index gained...

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