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seventh day

Markets far from merry as stock losses extend into seventh day

LONDON: World stocks were set for their seventh straight day of losses on Monday, as investors nervy about the possibility of a prolonged U.S. government shutdown and a worsening global economy opted for the safety of bonds and gold. MSCI’s world equity index .MIWD00000PUS, which tracks shares in 47 countries, was 0.15 percent lower on the day and down almost 7 percent in the past seven sessions — its worst stretch of daily losses since January 2016. The index is also just off its lowest level since March 2017. “There…