Asian markets in reverse as US data spark economy worries

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US stocks bounced back from an early morning slump to close higher Tuesday as fresh data showed that job vacancies slipped in April to their lowest level since 2021. 

Stock markets in Europe and Asia fell, while oil prices slid as the prospect of easing demand worldwide accompanied an announcement from OPEC+ alliance of major crude producers that it would roll back production cuts starting in October. 

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