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US stocks lose $2.2 trillion in six days
Asian stocks take heart from a sharp rebound in US shares, breaking a six-day losing streak which plunged global markets into mayhem.
The turnaround came after carnage on global markets which shaved $2.2 trillion off US stocks, with China being at the epicenter of the financial tremors.
China’s Shanghai Composite Index on Thursday rose 2.2% to reclaim the critical 3,000 mark. The benchmark’s steep...