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The Independent UK

National

Joe McDonald

Stock market today: Asian stocks decline after US inflation edges higher

Inflation United States US Federal Reserve Economy Tapestry

Copyright 2023 The Associated Press. All rights reserved.

Asian stock markets declined Friday after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy.

Shanghai, Hong Kong, Seoul and Sydney declined. Japanese markets were closed for a holiday. Oil prices edged lower.

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