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Wall Street’s late rally drives global stocks higher

Rises in European and Asian equities follows a session of wild swings in the US

The Frankfurt Stock Exchange
The Frankfurt Stock Exchange Photo: Getty Images

Global stocks drifted higher Friday, settling after a day of seesaws on Wall Street that captured the uncertainty gripping investors heading into 2019.

The Stoxx 600, the European benchmark, was up 1%. France’s CAC 40 benchmark also gained 1%, while the FTSE 100 UK index was up 1.2%. In Asia, Hong Kong’s Hang Seng Index was up 0.1% and China’s Shanghai Composite gained 0.4%.

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