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Asian stocks mixed on strong US hiring, OPEC oil output cuts

October 5, 2022

Via: ABC News

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Asian stocks were mixed Thursday after strong U.S. hiring dampened hopes the Federal Reserve might ease off plans for interest rate hikes and the OPEC group of oil exporters agreed to output cuts to shore up prices.

Tokyo and Seoul advanced while Hong Kong and Sydney declined. Chinese markets were closed for a holiday. Oil prices edged higher.

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