Trader Timothy Nick, center, works on the floor of the New York Stock Exchange. (AP Photo/Richard Drew)
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The U.S. dollar was near its lowest since January against a currency basket Thursday after a lower-than-expected reading of U.S. producer price inflation, while global stock markets rose.U.S. Treasury yields fell as some corporate debt issuance that has weighed on the market passed. With a rise in U.S. interest rates seeming more distant, investors bailed out of long dollar positions. The dollar index, which measures the greenback against a basket of six major currencies, was down 0.3 percent, and MSCI's all-country world index of the stock market performance in 46 countries was up 0.5 percent.
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