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Asian stocks see muted start to third quarter


Asian stocks started the new quarter in a muted fashion, as investors assessed mixed data on the global economy amid concern over the coronavirus spread and Sino-American tensions.

Shares dipped in Japan on low volumes, with sentiment capped as confidence among large manufacturers in the country fell to the lowest since 2009. Stocks ticked higher in Shanghai, Sydney and Seoul. Hong Kong is closed for a holiday. S&P 500 futures slipped after the gauge rounded out a 20% second-quarter surge with U.S. consumer confidence posting its biggest rise since 2011. Treasuries ticked lower, and the dollar was flat. Gold ...


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