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Mainland China and Hong Kong stocks slipped Thursday, with escalating Middle East tensions reviving concerns about higher oil prices and inflationary pressures. By the midday break, the Shanghai Composite fell 0.4% and the CSI300 also slipped.
U.S. stock futures trade lower as geopolitics intensify after President Donald Trump rejects extending a temporary ceasefire with Iran, while Brent crude holds above $91 and Treasury yields stay elevated.