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Stocks dip on earnings and growth worries; dollar rises

The recent rally in global equity prices faltered on Tuesday as investors pondered some disappointing earnings reports and signs that Britain’s decision to leave the EU could hurt other economies, while the US dollar climbed to a four-month high.

Prices for US Treasury debt, considered a safe-haven asset, rose as risk appetite soured following declines in stocks. Oil prices slipped, pressured by the stronger US dollar.