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via finance.yahoo.comMarkets

Asian stocks rally as Korean chips surge and oil retreats lift sentiment

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Asian stocks extended a sharp global technology rebound on Tuesday, with South Korea and Japan leading regional gains as investors returned to beaten-down chipmakers following Wall Street's biggest rally in about seven months. Still guessing which stocks will…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe global tech rebound and lower oil can support equities, but the upcoming US inflation report keeps investors cautious.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The MSCI Asia Pacific index rose 2%.
  2. 02South Korea's KOSPI gained 4.3%, Japan's Nikkei 2.8% and TOPIX 2.2%.
  3. 03Oil fell after Trump signalled new strikes on Iran were unlikely if negotiations progressed.
  4. 04Investors remain cautious ahead of the US inflation report.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
NVIDIA CorporationNVDAStock178.67 USDMarket closedtoday -4.27%Positive S&P 500INDEX:SP500Index7,556.16Market closedtoday +2.43%Positive NASDAQ CompositeINDEX:IXICIndex25,253.14Market closedtoday +2.74%Positive NASDAQ 100INDEX:NDXIndex27,907.63Market closedtoday +3.40%Positive Crude Oil WTICOMMODITY:WTICommodity85.65 USD-0.19%today -0.85%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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