Asian stocks retreated on Wednesday due to renewed U.S.-China trade tensions and mixed U.S. earnings. Technology stocks led the declines, with China’s Shanghai Composite and Hong Kong’s Hang Seng index finishing lower. Japanese markets ended little changed as the new premier prepares a stimulus package. Seoul stocks rallied as Trump aims to ease global trade tensions. Australian markets retreated from record highs, with gold miners seeing heavy selling pressure. U.S. stocks ended mixed, with the Dow reaching a new record high and the S&P 500 finishing marginally higher.

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