Equity redemptions ensure bruising end to 2018

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Equity redemptions ensure bruising end to 2018

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Traders work on the floor of the NYSE at the Opening bell at the New York Stock Exchange on Wall Street in New York City on February 9, 2018. Stocks had plunged 4 percent on Thursday, sending the Dow and the S&P more than 10 percent below their record highs. The Dow Jones industrial average was trading more than 180 points higher a day after the index plunged more than 1,000 points into correction territory. Photo by John Angelillo/UPI | JOHN ANGELILLO/UPI/PA Images

Falling global stock markets and and billions of dollars of equity fund redemptions mean ECM bankers will have to be careful with what deals they bring when markets reopen in January.

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