Asian shares advance after another round of Wall St records
Thu, May 16, 2024 12:44 PM

Asian shares advance after another round of Wall St records

A Flip by Shubhangi Gupta
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Asian shares were mostly higher on Thursday after U.S. stocks rallied to records on hopes that inflation is heading back in the right direction. The optimism came from a report showing U.S. consumers had to pay prices for gasoline, car insurance and everything else in April that were 3.4% higher overall than a year earlier, less than March’s inflation rate of 3.5%.

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