Asia stocks follow Wall Street lower as rally cools
Asia stocks follow Wall Street lower as rally cools
By JOE McDONALD
BEIJING (AP) — Asian stock markets followed Wall Street lower Friday as a rally cooled and investors waited for U.S. inflation data that might influence a Federal Reserve decision on when to roll back economic stimulus.
Shanghai, Tokyo, Hong Kong and Sydney retreated.
Wall Street’s benchmark S&P 500 index fell after three days of gains. More than three-quarters of companies in the…
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