Asian Stocks Decline Amid Growth Concerns

Reported about 8 hours ago

Asian stock markets saw declines as concerns about slowing economic growth overshadowed market activity. Following a drop in U.S. stocks, the MSCI Asia-Pacific index fell 0.4%, with Australian shares leading the losses. Federal Reserve Chair Jerome Powell's comments on interest rates added to uncertainty, while Japan's manufacturing sector reported a significant slowdown. Market analysts note that despite recent highs, the outlook remains cautious due to pressures on inflation and employment.

Source: YAHOO

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