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The Independent UK

National

Via AP news wire

Asian stocks follow Wall St lower after strong US jobs data

Asia United States Edward Moya

Copyright 2022 The Associated Press. All rights reserved

Asian stocks followed Wall Street lower Wednesday after strong U.S. jobs data fueled expectations of further interest rate hikes and Chinese manufacturing activity weakened.

Shanghai, Tokyo, Hong Kong and Sydney declined. Oil prices rose more than $1 per barrel.

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