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Global shares fall as investors await US inflation update

July 12, 2022

Via: ABC News

Global shares mostly fell Tuesday after a slump on Wall Street erased recent gains. U.S. futures and oil prices also declined.

Investors are on the lookout this week for updates on inflation and corporate profits, while renewed coronavirus outbreaks are adding to jitters. Shares in Europe declined in early trading. Benchmarks finished lower in Tokyo, Seoul, Hong Kong and Shanghai but rose slightly in Sydney.

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