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Us Interest Rate Cuts

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world4 months ago

Asia Stocks Fall Amid US Rate Cut Relief and Nvidia's Tech Uncertainty

Asian stocks declined as optimism over US rate cuts waned and caution grew ahead of Nvidia's earnings, with Chinese markets remaining near multi-year highs and Japanese and Korean markets experiencing losses due to tech sector profit-taking and concerns over AI prospects. Investors also reacted to geopolitical developments and corporate earnings reports across the region.