Shares rise, dollar eases on U.S. rate outlook

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By Danilo Masoni MILAN (Reuters) – World stocks pushed higher on Tuesday and the dollar dipped to near three-month lows as bets that U.S. interest rates would remain low helped investors look past any short-term damage stemming from increased COVID-19 infections in Asia. Equities in Europe rose, with the STOXX 600 regional benchmark closing in on its previous record high, up 0.4% on optimism around easing economic restrictions, while Wall Street looked set to follow, with S&P 500 futures gaining 0.3%. MSCI’s broadest index of Asia-Pacific shares outside Japan rallied 1.6%, as it recovered some…

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