Asian Stocks Set to Slip After Oil Extends Rally: Markets Wrap

Asian Stocks Set to Slip After Oil Extends Rally: Markets Wrap

Asian stocks are poised to track Wall Street lower after a late rebound trimmed a broader selloff, as US assurances on securing shipping through the Strait of Hormuz helped steady nerves. Oil also pared earlier advances — though still notched its biggest two-day gain in four years — while gold slumped.

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