A global market rally ran out of steam in the dying minutes of trading in North America, showing how nervous investors remain, despite moves from China to contain its crash.
“We just saw a crazy evaporation of gains after being up the majority of the day,” said Stephen Carl, principal and head equity trader at Williams Capital Group LP. “People are nervous about the potential volatility that could erupt or resurface in the market. They’re not sure what’s going to happen...
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