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Latin Times
Latin Times
Business
Agence France-Presse (AFP)

Markets Stutter After Rally, Oil Dips But Middle East Worries Linger

Asian markets were mixed Tuesday following a tepid day on Wall Street as traders took a breather from a recent rally fuelled by bets on a US interest rate cut, while oil held gains from a surge caused by Middle East tensions.

A string of supportive data in recent weeks and comments from top Federal Reserve officials have helped push equities higher in August after starting the month in turmoil on fears of a US recession.

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