Chinese rate hike jolts markets, dollar buoyed (AP)

Treasury Secretary Timothy Geithner  gestures during a talk to the Commonwealth Club in Palo Alto, Calif., Monday, Oct. 18, 2010. (AP Photo/Paul Sakuma)  TreasureryAP – The dollar surged and stocks slid after a Chinese interest rate hike Tuesday left investors pondering whether the U.S. and China were looking to ease market tensions ahead of a crucial meeting of finance ministers this weekend.


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