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Asian Stocks Climb on Fed Rate Cut Optimism

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Asian Stocks Climb on Fed Rate Cut Optimism
Asian Stocks Climb on Fed Rate Cut Optimism
MarieBy

Asian Stocks Climb on Fed Rate Cut Optimism

By Marie

Asian markets rallied Friday, mirroring Wall Street’s record highs after the U.S. Federal Reserve delivered its latest interest rate cut, fueling investor optimism despite lingering concerns over stretched technology valuations.

Japan’s Nikkei 225 advanced, supported by strong demand in financials and consumer stocks. Hong Kong’s Hang Seng Index rose, with property developers and banks leading the charge. South Korea’s Kospi also gained, buoyed by semiconductor shares. Also Read: Ukraine Suspends Justice Minister Amid $100M Energy Corruption Scandal

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