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Stock market today: Asia shares gain after Wall St rally as investors pin hopes on China stimulus

Por: ABC News Business July 31, 2023

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BANGKOK -- Shares were mostly higher in Asia on Monday after Wall Street got back to climbing following more encouraging profit reports and the latest signal that inflation is loosening its chokehold on the economy.Sentiment also has been boosted by revived hopes for more stimulus from Beijing for the sluggish Chinese economy. Chinese factory activity contracted in July as export orders shrank, a survey showed, adding to pressure on the ruling... + full article



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