The Taiwan stock market closed lower after two days of gains, with the index falling 0.90 percent to end at 23,201.52. Plastics and technology companies saw losses, while the financial sector was mixed. Wall Street also closed lower, with the Dow dropping 0.46 percent, the NASDAQ down 0.38 percent, and the S&P 500 falling 0.30 percent. Traders are cautious ahead of the Federal Reserve’s rate decision. Consumer confidence in the U.S. improved slightly in July, and job openings decreased slightly in June. Crude oil prices rose on Tuesday amid concerns over Russia-Ukraine tensions.

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