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The Independent UK

National

Joe McDonald

Stock market today: Asian markets follow Wall St up after Chinese promise to support economy

Economy US Federal Reserve Communist Party United States China Nasdaq

Copyright 2023 The Associated Press. All rights reserved.

Asian stock markets followed Wall Street higher Tuesday after China's ruling Communist Party promised to shore up its sagging economy ahead of a Federal Reserve meeting traders hope will announce this interest rate cycle's final increase.

Shanghai, Hong Kong, Seoul and Sydney advanced. Tokyo declined. Oil prices rose.

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