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Published 1 year ago

Global stocks mixed after Wall St sinks on rate fears

Summary by Ground News
Global stock markets were mixed Tuesday as traders looked ahead to a speech by Federal Reserve Chair Jerome Powell. Japanese wages rose and Australia's central bank hiked its key rate again. Frankfurt, Tokyo and Wall Street futures declined. Oil prices rose. Last week's unexpectedly strong U.S. data on hiring and wages dampened hopes the Fed might decide it has succeeded in cooling inflation.

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