Stock Market: Asia Weakens, Tokyo and Seoul Down
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Insights by Echo AI
The Asian stock market experienced weakness today, with Tokyo's Nikkei index closing down and hovering below 70,000. Seoul's KOSPI also slipped, losing 1.7%. The decline was partly attributed to rising oil prices and bond yields. Technology stocks were particularly affected, with Wall Street and debt weighing on them. The yen appreciated against the dollar.
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