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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Asian shares mixed after Wall St gains on Fed chair comments

Copyright 2023 The Associated Press. All rights reserved.

Shares were mixed in Asia on Wednesday after stocks rallied on Wall Street following comments by the chair of the Federal Reserve signaling that last week’s stunningly strong jobs report won’t by itself sway its stance on interest rates hikes.

Hong Kong, Sydney and Seoul rose while Tokyo and Shanghai declined. U.S. futures edged lower while oil prices were little changed.

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