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The Nexus
BUSINESSJun 4 · 03:29 UTCWTOP DCWTOP Staff

Asian shares retreat as US stocks halt their record-breaking rally, while oil prices fall back

Asian shares declined following a U.S. stock market downturn that ended a nine-day rally for the S&P 500. Oil prices fell after renewed fighting threatened a U.S.-Iran ceasefire, with Brent crude and U.S. crude dropping $1.17 and $1.08, respectively. Higher bond yields and economic pressures contributed to global market declines.

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Mentioned
S&P 500topicBrent crudetopicU.S. crude oiltopicSoftBank GrouporganizationShin-Etsu ChemicalorganizationNikkei 225topicU.S.-Iran ceasefiretopic10-year Treasurytopic
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