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Asiapacificshares

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finance-and-business2 years ago

"Global Markets Mixed as Rate Concerns, Competition Impact Stocks"

Asian shares fell as optimism for early U.S. interest rate cuts waned, with market focus on upcoming Fed minutes and jobs data. European futures also indicated a lower opening, while Wall Street retreated from record highs. The dollar remained strong, and tech shares suffered losses, although Chinese gaming stocks saw gains. Global tensions and a rise in U.S. Treasury yields added to market concerns, while oil prices declined and gold prices increased slightly.