India, July 16 -- Asian stocks fell broadly on Thursday even as softer-than-expected U.S. inflation data eased concerns about near-term Federal Reserve interest rate hikes.
Investors weighed escalating tensions in the Middle East after the United States launched a new wave of attacks in multiple locations across Iran on Wednesday night and Iran retaliated by launching fresh attacks on U.S. military bases in neighboring Gulf States, raising concerns over global shipping.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....