Investing.com-- Most Asian stocks moved in a flat-to-low range on Wednesday as investors awaited more cues on U.S. interest rates from the minutes of the Federal Reserve’s recent meeting.
Wall Street indexes saw a mildly positive session on Tuesday, providing middling cues to Asian markets as a string of Fed officials cautioned that sticky inflation could keep rates high for longer. But theindexes were the worst performers in Asia on Wednesday, falling 0.6% and 0.5%, respectively, following disappointing trade data from the country.Asian technology stocks did not track overnight gains in their U.S.
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Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meetingAsian shares are trading mostly higher as investors kept their eyes on potentially market-moving reports expected later this week. Benchmarks rose Tuesday afternoon in Tokyo, Seoul and Sydney, while edging down slightly in Hong Kong and Shanghai. On Wall Street, the S&P 500 rose 0.3%, the Dow Jones Industrial Average climbed 0.
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Stock market today: Asian markets wobble after Fed sticks with current interest ratesAsian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates. U.S. futures surged and oil prices were higher. The Japanese yen surged in early Asia hours, but then fell and erased the previous gains.
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Stock market today: Asian markets wobble after Fed sticks with current interest ratesAsian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates.
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Stock market today: Asian markets wobble after Fed sticks with current interest ratesAsian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates.
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