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Global Market Today: Asian stocks rise after soft US CPI, Kospi rallies
Asian shares advanced as softer US inflation data eased rate hike concerns. The artificial intelligence trade gained renewed strength, boosting technology stocks significantly. Oil prices rose for a third consecutive day due to escalating Middle East tensions. Investors are closely watching the semiconductor sector after a volatile trading session. Fed officials reiterated their commitment to controlling inflation despite recent positive data.
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swissinfo.ch
Asian Stocks Poised to Track US Gains on Soft CPI: Markets Wrap
(Bloomberg) -- Asian equities were set for a second day of gains after an unexpectedly sharp slowdown in US inflation fueled a Wall Street rally and eased concerns about imminent…
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Asian Stocks Rise After Soft US CPI, Kospi Rallies: Markets Wrap
(Bloomberg) -- Asian equities rose after an unexpectedly sharp slowdown in US inflation fueled a Wall Street rally and eased expectations about imminent Federal Reserve…
