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Stock market today: Asian shares echo Wall Street rally as investors gauge inflation data

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Asian shares are trading mostly higher after a rally on Wall Street that regained some of the losses from the market’s worst week in nearly a year and a half.

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Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. 10, 2024. Japan’s benchmark Nikkei 225 rose nearly 0.5% in morning trading to 36,384.73. Australia’s S&P/ASX 200 gained 0.6% to 8,033.10, while South Korea’s Kospi inched up nearly 0.1% to 2,537.85. Hong Kong’s Hang Seng added 0.3% to 17,248.58. The Shanghai Composite declined 0.5% to 2,722.01.

, let alone from the rest of the four-day losing streak that it broke. The Dow Jones Industrial Average rose 1.2% to 40,829.59, and the Nasdaq composite gained 1.2% to 16,884.60.

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Stock market today: Wall Street holds steady following its best week of the yearU.S. stocks are holding steady as Wall Street’s roller coaster of a summer levels out a bit. The S&P 500 was 0.2% higher in early Monday trading, coming off its best week of the year. The Dow Jones Industrial Average rose 125 points, and the Nasdaq composite added 0.1%.
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