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Stock Market Live Updates: Asian stocks down on prolonged higher interest rate speculation
Sensex, Nifty, Share Prices LIVE: Asian stocks opened lower on Wednesday due to strong US economic data and higher commodity prices, leading to speculation that major central banks might maintain higher interest rates. Japan’s Nikkei 225 and Topix indices fell, while South Korea’s KOSPI and Australia’s S&P/ASX 200 also dropped. In the US, stocks declined on Tuesday amid concerns that the Federal Reserve could delay interest rate cuts.