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While you were sleeping: Relief on China rate cut

August 26, 2015
National Business Review

Wall Street rose, rebounding from Monday's sell-off, as investors reassessed valuations after China's central bank cut rates yet again in an effort to contain the country's economic slowdown. "We had a panic yesterday," Chicago’s Performance Trust Capital Partners director of trading Brian Battle told Reuters. "As people get back in the market, they're questioning what everything is worth."

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