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Global Market Today: Asian stocks advance, crude oil holds decline

Asian stock markets experienced a notable rise as easing US inflation rates and declining oil prices alleviated concerns regarding potential interest rate hikes. South Korea's Kospi Index surged, reflecting a positive trend seen in US technology shares. In the US, wholesale inflation dropped more than expected, impacting Treasury yields, while Federal Reserve officials expressed differing views on interest rate strategies.

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Economic TimesLean R·2h ago
Global Market Today: Asian stocks advance, crude oil holds decline
Asian stock markets experienced a notable rise as easing US inflation rates and declining oil prices alleviated concerns regarding potential interest rate hikes. South Korea's Kospi Index surged, reflecting a positive trend seen in US technology shares. In the US, wholesale inflation dropped more than expected, impacting Treasury yields, while Federal Reserve officials expressed differing views on interest rate strategies.
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Global Market Today: Asian stocks advance, crude oil holds decline

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Global Market Today: Asian stocks advance, crude oil holds decline

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