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Asian Markets React to Wall Street's Record Highs Amid US Inflation Data Anticipation

1 min read
Source: Reuters
Asian Markets React to Wall Street's Record Highs Amid US Inflation Data Anticipation
Photo: Reuters
TL;DR

Asian stocks rose slightly, driven by a tech rally on Wall Street, as investors await US inflation data to gauge the Fed's rate outlook. Nvidia's earnings, despite falling short of expectations, support ongoing AI infrastructure growth. Chinese tech stocks experienced mixed movements amid warnings from Cambricon Technologies. The US dollar declined due to expectations of rate cuts, while markets also monitor upcoming US economic data and geopolitical concerns.

Topics:top-newsfinance#asian-stocks#china-tech-stocks#federal-reserve#finance#nvidia#us-inflation-data
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  1. Asia shares lifted by Wall St as markets await US inflation data  Reuters
  2. Asia-Pacific markets trade mixed, breaking ranks with Wall Street  CNBC
  3. Asian indexes turn lower despite record close on Wall Street (NYSEARCA:FXI)  Seeking Alpha
  4. Bloomberg Daybreak Asia: S&P 500 Hits Record Ahead of PCE Data  Bloomberg.com
  5. Asian shares are mixed after stocks add a bit to their records on Wall Street  KDVR

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