Asian Stocks Surge Amidst Wall Street's Optimism for US Rate Cut

Reported about 7 hours ago

Global shares primarily increased as Wall Street's surge continues, fueled by expectations of an imminent interest rate cut by the Federal Reserve to stimulate the economy. Despite a mix of European market performances, Asian indices like Japan's Nikkei and Hong Kong's Hang Seng reported notable gains, particularly in tech and property sectors, reflecting heightened investor confidence ahead of the Fed's upcoming meeting.

Source: YAHOO

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