Asian stocks consolidate after Wall Street gains, oil slips Asian stocks consolidated a recent run of gains on Wednesday, helped by Wall Street’s rise overnight, even as oil prices slid on trade data showing a surprise build-up in US crude stocks.
MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.1 percent in early trades. It has risen more than 14 percent since late June to hit a 1-year high last week.
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