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Market Update

Asian Markets Down After Wall Street Losses

Asian markets declined Thursday tracking losses on Wall Street overnight after U.S. Fed Chairperson Janet Yellen suggested a rate hike could come as early as spring next year.

The Nikkei was down 1.4%. The Shanghai Composite lost 1.4% while the Hang Seng fell 1.8%. The Sensex slipped 0.4% while the All Ordinaries traded 1.1% lower.