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News 2026-10-07 05:42 UTC

Stock Rally Stalls in Asia, Bonds Dip as Oil Gains - Asia Market Wrap

Asian stocks slipped as enthusiasm from Wall Street’s record-setting rally failed to carry into the region. MSCI’s Asia-Pacific index fell around 0.7%, with technology shares in South Korea and Hong Kong leading declines, while US equity futures also pared earlier gains. Treasuries weakened as oil prices climbed, with