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Stock market today: Asia follows Wall Street up on hopes Fed will ease off rate hikes

Por: Associated Press Business June 02, 2023

BEIJING (AP) — Asian stock markets followed Wall Street higher Friday ahead of a U.S. jobs update after Federal Reserve officials reignited hopes another interest rate hike might be postponed.Shanghai, Tokyo, Hong Kong and Seoul advanced after U.S. lawmakers approved a deal to avert a government debt default. Oil prices strengthened.Wall Street’s benchmark S&P 500 index rallied 1% on Thursday after data showed manufacturing and retail... + full article



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