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US futures climb ahead of more inflation data, though major indexes are down for the week
US futures climbed ahead of upcoming inflation data, though major indexes were down for the week. Global markets showed divergence, with Japan's Nikkei 225 and South Korea's Kospi advancing sharply, while Britain's FTSE 100 and Hong Kong's Hang Seng declined. Commodity prices also shifted, with benchmark U.S. crude and Brent crude both slipping in value.
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Adjacent reporting
- US futures and Asian shares are mixed while oil prices decline as some exporters opt to raise output
- Asian shares mostly decline with South Korea's Kospi down 6.6%, while oil prices slip
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