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The dollar rose against its European peers Wednesday as expectations of multiple U.S. interest-rate rises this year returned. U.S. stocks were flat as European equities rose, but investors were spooked by North Korea's threat to pull out of a historic summit.Expectations that the Federal Reserve may hike borrowing costs up to three more times this year have sent benchmark 10-year U.S. bond yields to seven-year highs.That sent Milan's FTSE MIB index plummeting, though Europe's other indexes were all rising.
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