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Stock market today: World shares are mostly higher after Big Tech losses pull Wall St lower

The article from ABC News discusses the mixed performance of Asian shares following significant gains on Wall Street. It highlights that while the Nikkei 225 in Tokyo saw a slight increase, other markets like Hong Kong's Hang Seng and Shanghai Composite experienced declines. The market movements were influenced by various factors including a report showing a drop in U.S. consumer confidence, which might affect economic growth. Additionally, the article mentions the anticipation around upcoming U.S. economic data releases, such as the Federal Reserve's preferred measure of inflation, which could influence future market trends. There's also a mention of specific corporate news, like the potential acquisition of U.S. Steel by Nippon Steel, which could have broader implications for the steel industry and trade relations.

Read the Full ABC Article at [ https://abcnews.go.com/US/wireStory/stock-market-today-asian-shares-mixed-after-big-116298261 ]