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Asian markets follow US gains on debt deal optimism.

1 min read
Source: CNBC
Asian markets follow US gains on debt deal optimism.
Photo: CNBC
TL;DR Summary

Asia-Pacific markets rose on hopes of a US debt ceiling deal. Nomura downgraded China's full-year growth forecast from 5.9% to 5.5%. Tech stocks climbed higher during Wednesday's rally. Montana became the first US state to impose a complete ban on video app TikTok. House Speaker Kevin McCarthy expressed optimism that he does not foresee a default on US debt payments.

Topics:business#asia-pacific-markets#china-growth-forecast#finance#montana-tiktok-ban#tech-stocks#us-debt-ceiling
Share this article
  1. Asia markets rise as Wall Street lifted by hopes of debt ceiling deal  CNBC
  2. Morning Bid: Japan leads the way, China feels the heat  Reuters
  3. Asian Stocks Follow US Gains on Debt-Deal Optimism: Markets Wrap  Yahoo Finance
  4. Daily Markets: Stocks See Potential Debt Ceiling Hopes  Nasdaq
  5. Stock Market Today: Dow, S&P Live Updates for May 18  Bloomberg

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