Global Stocks Make Gains for Third Week Straight

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Calmer conditions soothed market nerves and led to a third straight week of global stock gains. With the 4Q15 earnings letdown over, volatility receded, oil prices stopped falling and the dollar stopped rising. Expected inflation began to climb, as did gold prices. The yield on the ten-year U.S. Treasury note rose from 1.76% the prior week to 1.87%.

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