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Stocks at record high but yields fall, dollar under pressure

Stocks rose across the globe on Friday to close at a fresh high and remained on track for their strongest monthly performance on record but the Nasdaq outperformed on Wall Street and Treasury yields fell, indicating lingering concerns over rising coronavirus cases globally.

EU delays rules on carbon market permit handouts

The European Commission will confirm in February rules to calculate industries' free carbon permits over the next five years, it said on Friday, pushing back a plan to finish the regulations this year.

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