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BUSINESSJul 3 · 08:42 UTCFORTUNEElaine Kurtenbach, The Associated Press

Global stocks stage a rally as American markets take the day off

Global stocks rose in Europe and Asia as the Dow Jones set a record, with Samsung Electronics and SK Hynix surging in South Korea. U.S. markets closed for Independence Day, but futures and crypto stocks gained amid weaker-than-expected job growth data and lower inflation expectations.

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