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Asian Markets Rise as U.S. Stocks Retreat | Tulsa News
Published 1 week, 2 days ago
Description
Asian markets mixed as Tokyo rose on stronger-than-expected Q2 growth, while U.S. stocks retreated from records amid softer consumer spending — a potential Fed rate hold that’s good for stocks but raises stagflation fears. Retail earnings from Home Depot, Target, Lowe’s, and Walmart loom large, and oil prices wobbled under supply uncertainty near the Strait of Hormuz.
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