GLOBAL STOCK MARKETS MAINTAIN MOMENTUM DESPITE INTEREST RATE HIKE

• The Dow Jones Industrial Average inched higher, while Asian shares rose after China's central bank cut rates.
• European shares slipped ahead of an announcement from the European Central Bank on interest rates.
• Retail sales data gave U.S. markets a boost, indicating consumer strength despite rate hikes by the Fed.
• The Federal Reserve raised interest rates for the fourth time this year and indicated more increases are coming.
• Bitcoin and cryptocurrencies stabilized after recent volatility.

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