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Cleveland-Cliffs’ $10bn proposal would build scale but raise competition worries
Shares rise as analysts upgrade stock ratings in wake of last week’s election
Nineteen companies downgraded since October due to falling oil price
US equities drift lower on weak economic data out of China
Apple shares tumble after it sells fewer iPhones than forecast
S&P 500 has declined in last five trading sessions
Luxury brands struggle in mature markets
Rules may require big banks to hold extra capital
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