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BUSINESSJun 4 · 08:41 UTCWPLG LOCAL 10 MIAMIBy ELAINE KURTENBACH, Associated Press

European shares climb and Asian shares retreat after US stocks pause their record-breaking rally

European shares rose while Asian shares fell following a decline in U.S. stocks that ended a nine-day winning streak for the S&P 500. Oil prices dropped after Israel and Lebanon agreed to renew a ceasefire and establish security zones, though higher bond yields and geopolitical tensions continued to pressure markets.

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