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Asian shares and US futures are higher after Wall St losses wipe out S&P 500's post-election gains

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Asian shares and US futures were mostly higher Wednesday after a retreat on Wall Street wiped out all of the S&P 500's post-U.S. election gains. China announced it intends to keep its economy growing at around a 5% annual pace in 2025,
The article discusses the recent performance of Asian shares and U.S. futures following a downturn in Wall Street, which erased the S&P 500's gains since the U.S. midterm elections. Despite the losses in the U.S., Asian markets showed resilience with shares in Asia trending higher. This movement was influenced by several factors including a slight recovery in U.S. futures, suggesting a potential stabilization or recovery in investor sentiment. Additionally, the article touches on broader market dynamics, mentioning that while the S&P 500 had previously benefited from expectations of a less aggressive Federal Reserve policy, recent economic indicators and Fed comments have introduced uncertainty, leading to market volatility. The piece also highlights the ongoing concerns about inflation, potential recession risks, and how these elements are affecting global market trends.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/asian-shares-and-us-futures-are-higher-after-wall-st-losses-wipe-out-s-p-500-s-post-election-gains/ar-AA1AgsUZ ]