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Global Market Today: Asian stocks hit record highs, oil heads for weekly loss
Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflation. This development, coupled with positive semiconductor news, boosted investor confidence. Lower energy costs are also easing concerns about future interest rate hikes.
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economictimes.indiatimes.com
US stocks: US market's indexes advance with boost from chips, Iran optimism
U.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate hikes. Intel surged to a record high…
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swissinfo.ch
Asian Stocks to Rise as US-Iran Deal Lifts Mood: Markets Wrap
(Bloomberg) -- Stocks in Asia were poised to rise Friday after a peace deal between the US and Iran boosted optimism that the reopening of the Strait of Hormuz will ease inflation…
