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Stock Market Live Updates: Asia stocks edge higher after Wall Street extends rally; Oil prices fall to over 3-month low
Sensex, Nifty, Share Prices LIVE: Stocks in Asia rose after a rally in Big Tech pushed US stocks to their longest streak of gains in two years, with investors shrugging off the latest attempts from Federal Reserve speakers to tone down Wall Street’s optimism. Shares climbed in South Korea and Australia after the S&P 500 advanced for a seventh day, while Japan’s equity benchmark slipped in early Asia trading and Hong Kong futures remained flat. Treasuries steadied after bets on a Fed pivot next year sent bond rates sharply down, with the 10-year yield dropping below 4.6%. Oil prices fell on Wednesday to their lowest in over three months, after industry data showed a steep build in US crude supplies, while mixed Chinese economic data raised worries about global demand for crude.