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Stock impact report

Stocks retreat and oil tops $100 despite fresh records on Wall St [Globe and Mail, The (Toronto, Canada)]

ING Group, N.V. (ING) 
US:NYSE Investor Relations: ing.com/investor-relations.htm
first time, while oil prices climbed above $100 a barrel as investors reacted to shaky prospects for more talks on ending the war with Iran. U.S. futures also fell back after indexes on Wall Street rallied to records a day earlier, helped by strong corporate earnings. Germany's DAX lost 0.5% to 24,064.00, while the CAC 40 in Paris edged 0.2% higher. Britain's FTSE 100 dropped 0.8% to 10,395.83. The future for the S&P 500 lost 0.5% and that for the Dow Jones Industrial Average was down 0.6%. Markets in Japan and South Korea briefly touched new records, driven by buying of tech shares. Tokyo's Nikkei 225 lost 0.8% to 59,140.23 after climbing to 60,013.98. South Korea's Kospi closed 0.9% higher at 6,475.81 after briefly surpassing 6,500. The government reported a better-than-expected 1.7% annual economic growth rate for the January-March quarter, boosted by strong exports, particularly of computer chips used in the artificial intelligence boom. Hong Kong's Hang Seng shed 1% t Show less Read more
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