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China, Stocks.
Stocks extended their winning streak Monday after China said it would allow its currency to appreciate against the dollar, a move that could provide a boost for U.S. manufacturers and exporters ...
Alcoa and General Electric slid amid concerns about global growth following sluggish fourth-quarter economic growth in the euro zone and a move by China to tighten lending.
Bank of America needs $34 billion in extra cash, a source familiar with U.S. government stress tests on leading banks told Reuters, unsettling markets and stoking talk of a possible asset sale in China.