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The Independent UK
The Independent UK
National
Joe McDonald

Asian stocks follow Wall St down before US inflation update

Copyright 2022 The Associated Press. All rights reserved.

Asian stock markets followed Wall Street lower on Thursday ahead of a U.S. inflation update that will likely influence Federal Reserve plans for more interest rate hikes after elections left control of Congress uncertain.

Hong Kong's market benchmark fell by more than 2%. Shanghai, Tokyo and Sydney also declined. Oil prices edged lower.

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