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Global Stocks Rise As Oil Drops Ahead of Jackson Hole

Global stocks advanced as falling oil prices provided relief to investors. Markets await Federal Reserve Chair Kevin Warsh for insights on future interest rates.

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A trader works on the floor of the New York Stock Exchange in New York City, U.S., August 21, 2026. REUTERS/Jeenah Moon/File Photo

Global stocks rose 0.5% for the week on Friday afternoon, lifted by falling oil prices and a post-earnings technology rally, as markets awaited Federal Reserve Chair Kevin Warsh's debut speech. The weekly advance pushed indices back toward records reached earlier in August. Investors are looking for policy clarity ahead of the September policy meeting.
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