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Asia-Pacific markets trade mixed; Taiwan market retreats from record high

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People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. 

Jung Yeon-je | Afp | Getty Images

Asia-Pacific markets were mixed on Tuesday, even as the S&P 500 and Nasdaq Composite reached new highs on Wall Street overnight.

Traders in Asia will be looking to the U.S. Federal Reserve’s decision on Wednesday stateside, which will come after the May inflation report is released earlier the same day.

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