GLOBAL MARKETS-Stocks climb on positive earnings, economic data; yields dip ...Middle East

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GLOBAL MARKETS-Stocks climb on positive earnings, economic data; yields dip
MSCI's global equity index rose on Wednesday, hitting its highest level in almost 2 years, backed by positive earnings and economic data in both Europe and the United States as well as optimism China's stimulus will support its stock markets. U.S. Treasury yields rose in afternoon trading following a government bond auction after earlier falling as investors awaited fourth-quarter U.S. gross domestic product and next week's Federal Reserve meeting.

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