Shares Picking Up, Dollar Steadies After Bruising Selloff

Although European shares posted gains on Friday, U.S. stocks dropped and gave back most of Thursday’s gains as Wall Street closed out its third negative week in the last four prompted in part by data that showed a decline in consumer sentiment. Meanwhile, the dollar finished its worst week in nearly four years against the yen. Traders and investors also have been nervous lately over concerns regarding monetary policy around the world.

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