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Japan s Nikkei share average
rebounded on Tuesday from the previous day s steep drop, taking
cues from Wall Street as investor optimism about upcoming
earnings overtook concerns about the conflict in.
Reflecting the negative cues from global markets on Friday, Asian markets are trading in the red on Monday, as traders remain cautious on renewed concerns about the outlook for interest rates after US data showed hotter-than-expected consumer price inflation and a slump in consumer sentiment.
Weakness across most sectors led by exporters and technology stocks is dragging the Japanese stock market sharply lower on Monday, declining for the second straight session, following the mostly negative cues from global markets on Friday.