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International Business Times
International Business Times
Business
AFP News

Asian Markets Mixed After Wall Street Records

Federal Reserve Chair Jerome Powell has pointed to 'modest' progress in the battle to bring down inflation (Credit: AFP)

Asian markets diverged Wednesday after fresh records on Wall Street and remarks by the Fed chief that hinted the US central bank would cut interest rates later this year, without offering a clear timeframe.

While Europe's main stock markets were dragged down Tuesday by political uncertainty in France, the S&P 500 and Nasdaq in the United States edged to all-time highs.

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