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Stock market today: Asian shares mostly dip despite S&P 500 adding to its record on Wall Street
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Asian shares mostly dipped on Thursday, with indices like Australia's S&P/ASX 200 (-1.4%), South Korea's Kospi (-0.5%), and Hong Kong's Hang Seng (-1.6%) declining. Hong Kong's drop followed China's decision to keep its benchmark interest rate unchanged to maintain financial stability amid yuan-related pressures. Meanwhile, the U.S. S&P 500 rose 0.2% to a record high, driven by Microsoft, closing at 6,144.15. Markets appeared to shrug off Trump's tariff rhetoric, with hopes that such threats were negotiation tools rather than long-term issues.
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