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The Independent UK
The Independent UK
National
Chan Ho-Him

Asian stocks retreat and oil tops $100 despite fresh records on Wall St

Japan Financial Markets - (Copyright 2026 The Associated Press. All rights reserved)

Stocks retreated in Asia on Thursday after an initial jump that pushed Japan's Nikkei 225 index above 60,000 for the first time, while oil prices gained as investors reacted to shaky prospects for more talks on ending the war with Iran.

U.S. futures also fell back after indexes on Wall Street rallied to records a day earlier, helped by strong corporate earnings.

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