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    <title>Global shares trade advance after stocks on Wall Street extend losses</title>
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    <description>Global equity markets posted modest gains as investors weighed corporate earnings and the effects of trade tariffs on US business activity. Softer services-sector data amplified concerns that tariffs may be slowing growth, placing pressure on companies to deliver stronger profits. Expectations of a potential Federal Reserve rate reduction influenced market sentiment, with lower rates seen as supporting equity valuations while potentially increasing inflation risks. Energy price increases and minor currency movements were also cited as contributing factors.</description>
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