Asian Shares Diverge Amid US Market Losses

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U.S. markets experienced declines due to losses in major technology stocks like Nvidia and Microsoft.

Asian stock markets posted uneven performances on Thursday, with gains in Tokyo and Seoul offset by declines in Hong Kong and Shanghai.The regional divergence reflects investor caution following a technology-led slump on Wall Street, where key indexes fell ahead of the Thanksgiving holiday.Japan's Nikkei 225 rose 0.6 percent to 38,349.06, buoyed by optimism in equities, while Australia's S & P/ASX 200 gained 0.5 percent to 8,444.30.South Korea's Kospi edged up less than 0.

41, France's CAC 40 climbing 0.6 percent to 7,185.13, and Britain's FTSE 100 adding 0.2 percent to 8,290.37.Potential Impact of Trump Tariffs on InflationIn the United States, economic data showed that growth remained solid despite inflationary pressures. The Commerce Department reported an annualized expansion rate of 2.8 percent from July to September, supported by strong consumer spending and increased exports.

 

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