Asian Stocks Surge Amid US Economic Optimism, Australia Nears Correction

Reported about 11 hours ago

Asian markets saw gains as President Trump's reassurances about the US economy alleviated recession fears, leading to a late recovery in US stocks. However, Australian shares declined, with the S&P/ASX 200 index approaching correction levels due to ongoing tariff issues and geopolitical tensions. Investors are cautious ahead of key inflation data that could influence interest rates.

Source: YAHOO

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