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AP National Business

World shares mixed as investors eye Ukraine, inflation

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Published 3:20 AM

By ELAINE KURTENBACH
AP Business Writer

BANGKOK (AP) — World shares are mixed as investors watch for developments in Ukraine after Russia rescinded earlier pledges to pull tens of thousands of its troops away from Ukraine’s northern border. U.S. markets will be closed for a holiday but futures were higher. Shares rose in Europe but fell in most Asian markets. The White House said President Joe Biden had agreed “in principle” to meeting with Russian President Vladimir Putin as long as he refrains from launching an assault that U.S. officials say appears increasingly likely. Stocks capped a week of volatile trading on Wall Street with a broad sell-off Friday that left the major indexes with their second straight weekly loss.

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