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Asian stocks led higher by Japan as dollar extends recovery

TOKYO (Reuters) – Japanese shares led Asian markets higher after a weak start on Wednesday, with Japanese export focused companies attracting investors as the dollar gained against the yen thanks to U.S. Treasury debt yields hovering near highs not seen in four years. MSCI’s broadest index of Asia-Pacific shares outside …

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Dow, S&P snap winning streak as Walmart weighs

NEW YORK (Reuters) – The Dow and S&P 500 fell on Tuesday to snap a six-session winning streak as a sharp decline in Walmart weighed heavily, but gains in Amazon and chip stocks helped the Nasdaq hold near the unchanged mark. Walmart (WMT.N), the world’s biggest brick-and-mortar retailer, reported a …

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Walmart halts Dow’s six-day rally; S&P edges higher

(Reuters) – A steep fall in Walmart shares put the skids on the blue-chip Dow’s six-day winning streak, but gains in Amazon and technology stocks propped up the S&P 500 and the Nasdaq. The world’s biggest brick-and-mortar retailer (WMT.N) reported a lower-than-expected profit and posted a sharp drop in online …

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Fashion firms dither over instant shopping on the catwalk

PARIS (Reuters) – Fashion labels may be falling over themselves to court young, smartphone-wielding shoppers, but there’s one millennial-inspired trend that is only catching on slowly: catwalk shows where clothes are available to buy instantly rather than months later. The timing of product drops is becoming an experimental battlefield for …

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