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Asian Markets Rise on Tech Gains and US Rate Hopes

1 min read
Source: Reuters
Asian Markets Rise on Tech Gains and US Rate Hopes
Photo: Reuters
TL;DR

Asian stock markets rose driven by tech shares, while gold neared a record high amid bets on Federal Reserve rate cuts following weak US jobs data and a government shutdown, which also boosted demand for safe-haven assets like gold and bonds.

Topics:businessfinancial-markets#asia-stocks#fed-rate-cuts#financial-markets#gold-record-high#tech-shares-rally#us-government-shutdown
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  1. Tech leads Asia share rally, gold near record high on Fed rate cut bets  Reuters
  2. Stocks Hit Record as Traders Shrug Off US Shutdown: Markets Wrap  Bloomberg.com
  3. Asian shares track Wall St’s rise as tech shares advance and investors shrug off the US shutdown  The Hill
  4. Asia stocks rise on tech gains, S.Korea’s KOSPI hits record high on chip rally  Investing.com
  5. Asian markets surge on US rate hopes, tech fired by chip deal  Wyoming News Now

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