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People pass the New York Stock Exchange, right, on Wednesday, Nov. 13, 2024, in New York. FILE - A person looks at an electronic stock board showing Japan's Nikkei index at a securities firm Wednesday, Nov. 13, 2024, in Tokyo. In Tokyo, the Nikkei 225 index was up 0.8% at 38,842.13 as the yen continued dropping against the U.S. dollar, fueling exporters' sales. Nissan Motor Co.'s shares jumped 4.7% during morning trading.
Australia’s S&P/ASX 200 gained 0.7% to 8,279.20, while South Korea’s Kospi edged 0.2% higher, to 2,407.27.set on Monday. The Dow Jones Industrial Average dropped 0.5% to 43,750.86, and the Nasdaq composite sank 0.6% to 19,107.65. But short-term yields climbed after Powell said, “The economy is not sending any signals that we need to be in a hurry to lower rates. The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully.”
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