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Asian Shares Are Mixed and Crude Prices Fall After an Unsettled Day on Wall St
Bond yields near multi-year highs and losses in Nvidia, Broadcom and Micron Technology weighed on markets, even as PepsiCo rose 3.7%, analysts said.
- Asian shares were mixed on Friday in holiday-thinned trading, while Brent crude oil fell 1% to $103.28 a barrel as markets in South Korea and Taiwan remained closed.
- The 10-year Treasury yield initially rose to 5.35% early Thursday before falling back to 5.23%, reflecting volatility that has unsettled investors amid highest levels in years.
- Equities fell 0.5% as technology stocks dragged the market lower; Nvidia fell 2.9%, Broadcom lost 4.3%, and Micron Technology slumped 4.8%.
- Brent crude prices veered after President Donald Trump said "productive discussions" are happening with Iran and the U.S. military would not attack before November elections.
- The federal deficit climbed to nearly $2 trillion in the fiscal year ending Sept. 30, while China is due to release economic growth figures next week.
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Asian shares are mixed and crude prices fall after an unsettled day on Wall St – WTOP News
Asian shares were mixed Friday in holiday-thinned trading, while oil prices fell back from recent gains. U.S. futures edged higher. In Tokyo, the Nikkei 225 lost 0.8% to 68,512.30. The Shanghai Composite index lost 1.4% to 3,758.47, while Hong Kong’s Hang Seng climbed 1.1% to 24,046.79. China is due to release its latest economic growth...
·Chevy Chase, United States
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Asian shares are mixed and crude prices fall after an unsettled day on
Asian shares were mixed Friday in holiday-thinned trading, while oil prices fell back from recent gains. U.S. futures edged higher. In Tokyo, the Nikkei 225 lost 0.8% to 68,512.30. The Shanghai Composite index lost 1.4% to 3,758.47,
·Baltimore, United States
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Total News Sources22
Leaning Left10Leaning Right3Center9Last UpdatedBias Distribution45% Left
Bias Distribution
- 45% of the sources lean Left
45% Left
L 45%
C 41%
14%
Factuality
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