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Sales of previously occupied U.S. homes picked up in February from the previous month as home shoppers took advantage of easing mortgage rates and a modest increase in properties on the market heading into the spring homebuying season.
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Global hedge funds’ most crowded long trades ​in February centered on technology ​stocks, data from securities lending provider Hazeltree showed on Wednesday.
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Indian government bonds rose Wednesday as Brent crude stabilized around $90 per barrel, easing inflation concerns. Market participants anticipate support from the Reserve Bank of India’s upcoming open-market purchase, with the benchmark bond yield closing lower. Traders await February inflation data on Thursday.
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U.S. stock index futures edged higher in choppy trading on Wednesday as investors assessed the outlook for crude prices and awaited a key inflation report, while tensions in the Middle East continued to escalate.
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Portugal sold ​1.41 ​billion euros ($1.64 billion) of ​seven and nine-year bonds in an auction ‌on Wednesday, state ⁠debt ⁠agency IGCP said.
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