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STOCK MARKETS TODAY: Wall Street sinks on rate fears, Asian stocks fall
Asian stocks were mostly lower on Wednesday after Wall Street snapped its record bull run with its worst day in weeks. Hong Kong's Hang Seng Index fell 1.1% to 16,753.82, while Shanghai's Composite Heel Index dropped 0.2% to 3,070.04. Analysts said that despite recent relatively positive economic signs from China, there is growing concern that the sentiment that has panicked Wall Street could spread to Asia.
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