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Asian shares retreat as investors question US economic strength

Asian share markets were mildly weaker on Tuesday as global investors consider the prospect the U.S. economy s exceptionalism is starting to unwind as manufacturing activity in the world s largest.

Asian shares retreat as investors question US economic strength

SYDNEY (Reuters) -Asian share markets retreated on Tuesday as global investors awaited India's official election results and considered the prospect that the U.S. economy's 'exceptionalism' is starting to unwind as manufacturing activity there further weakened. Australian shares were down 0.15%, while Japan's Nikkei stock index slid 0.11%. In India, share markets sold off sharply after early vote counting showed Prime Minister Narendra Modi's Bharatiya Janata Party (BJP)-led alliance was not headed for a landslide win as predicted.

Asian shares retreat as investors question US economic strength - Markets

Asian shares retreat as investors question US economic strength - Markets
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Stocks, commodities slip as soft US data signals cooling economy

World stocks and commodities slid on Tuesday as investors turned uneasy about evidence that the U.S. economy s exceptionalism may be starting to unwind, after data showed surprising weakness. -June 04, 2024 at 05:12 pm EDT - MarketScreener

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