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Markets Mixed: Asian Chip Stocks Gain, Eurozone PMI Divergence, UK Slowdown, and Commodities Steady
Following a technology-fueled surge on Wall Street, Asian stocks were trading near a record high, although shares in Hong Kong and mainland China declined. The MSCI Asia Pacific Index pulled back from its earlier highs to trade mostly flat. Stocks in Hong Kong fell 1% as the city was dealing with its most severe typhoon since 2018.
