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Global equity markets continued to be on the edge with worries about Fed policy.
Political and economic concerns weighed on the Brazilian market. Nasdaq was dragged lower as investors exited biotech stocks over regulatory worries.
Shares of construction equipment maker Caterpillar slipped after it announced heavy job cuts. But Nike’s stock had a good run after it reported good numbers for the recent quarter. Bond yields perked up on hopes of a US rate hike.
Rupee held its strength against most major currencies.
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