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The Independent UK
The Independent UK
National
Teresa Cerojano

Asian shares are mixed after Fed cuts rates, pushing Wall Street near its record

United States Jerome Powell Wall Street US Federal Reserve Interest Rates Inflation Stock Market
Financial Markets Wall Street - (Copyright 2025 The Associated Press. All rights reserved.)

Asian shares were mixed on Thursday after the U.S. stock market again approached its record high following the Federal Reserve’s cut in its main interest rate.

U.S. futures fell and oil prices were little changed.

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