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Reuters
Stocks slip, on edge for CPI and earnings tests
Stocks slipped in Asia on Monday after a surprise drop in U.S. unemployment quashed any thought of a pivot on policy tightening ahead of a reading on inflation which is expected to see core prices move higher again. Holidays in Japan and South Korea made for thin trading in Asia, while the Treasury market is also shut on Monday. S&P 500 futures led the early action with a drop of 0.4%, while Nasdaq futures fell 0.5% ahead of the start of Q3 earnings later this week.
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