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Stock market today: Asian markets mostly lower as worries over Russia-Ukraine war loom

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China,Russia,General News

Asian stocks are mostly lower, despite gains on Wall Street, as worries mount over escalations in the Russia-Ukraine war. U.S. futures edged higher while oil prices were little changed. Japan’s benchmark Nikkei 225 slipped after the government reported a trade deficit for October for the fourth month in a row.

Currency traders watch their computer monitors near the screens showing the Korea Composite Stock Price Index , left, the foreign exchange rate between U.S. dollar and South Korean won, center, and the Korean Securities Dealers Automated Quotations , at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Nov. 20, 2024. FILE - The morning sun shines on Wall Street in New York’s Financial District on Tuesday, Nov. 19, 2024.

On Tuesday, the S&P 500 rose 0.4% to 5,916.98 after erasing an early drop of 0.7%. The Nasdaq composite also shook off an early loss to turn 1% higher to 18,987.47, while the Dow Jones Industrial Average slipped 0.3% to 43,268.94.4.9% climb accounted for most of the index’s gain.

Lowe’s likewise delivered bigger profit and revenue for the latest quarter than analysts expected, but its stock nevertheless dropped 4.6%. A report in the morning said construction crews broke ground on fewer new homes last month than economists expected, and rival Home Depot slipped 0.9%.

 

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