Asia stocks sag after oil tumbles, dollar on defensive before Fed speech


By Shinichi SaoshiroTOKYO (Reuters) - Asian stocks sagged on Tuesday, weighed by a sharp decline in crude oil prices as Libyan ports reopened, while the dollar was on the defensive ahead of Federal Reserve Chairman Jerome Powell's first congressional testimony.Overnight on Wall Street, the Dow edged up 0.2 percent but the S&P 500 lost 0.

1 percent as energy shares were hit by the drop in oil that offset a jump in financials.MSCI's broadest index of Asia-Pacific shares outside Japan was 0.1 pct lower following two sessions of gains."Crude has.....

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