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LONDON (AP) — Bank of England Governor Mark Carney has warned that governments and industry must do their part to spur growth and ensure that prosperity is more equally distributed to counter a rising tide of insecurity and anxiety.
By Sinead Carew NEW YORK (Reuters) - Rising oil prices bolstered U.S. stocks on Monday while currency and bond investors shrugged off Italian Prime Minister Matteo Renzi's resignation, following voters' rejection of his constitutional reforms. U.S. Treasury yields fell in choppy trading on Monday as investors viewed the dramatic bond market selloff following Donald Trump's surprise U.S. presidential win as overdone. The Italian referendum stoked worries about Italy's political stability and its banking system but financial markets recovered from an initial fright with stocks, euro rebounding and bond yields rising as investors concluded a fallout from Renzi's resignation could be contained.