Asian Markets Climb on Fed Rate Cut Hopes and Wall Street Gains
TL;DR Summary
Asian stocks rallied and global markets reached new highs after US inflation and jobs data supported expectations of a Federal Reserve interest rate cut next week, with tech and chip stocks leading gains and investors optimistic about easing monetary policy.
- Asian Stocks Near Record High on Fed Rate-Cut Bets: Markets Wrap Bloomberg.com
- Asian shares ride Fed easing hopes to record highs Reuters
- US stocks inch to more records as inflation slows and Oracle soars Yahoo Finance
- Asian shares track Wall Street rallies as a US interest rate cut next week looks more certain The Hill
- Asia-Pacific markets trade mixed after Wall Street gains on tech rally CNBC
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