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The Economic Times
The Economic Times
Business

Global Market Today: Asian stocks open higher, oil rises after attacks

United States Oil Asia ARD Bank of Japan US Federal Reserve Iran Inflation Strait of Hormuz BOJ

Asian stocks rose after US technology shares advanced on Friday. Oil climbed after the US and Iran traded tanker attacks in the Strait of Hormuz.

Benchmark indexes in Japan and South Korea both gained, while those for Australia were little changed. Contracts for US stocks were steady after the tech-heavy Nasdaq 100 Index advanced 0.2% on Friday and the Philadelphia Semiconductor Index jumped 3.4%. There’s no cash trading of Treasuries Monday due to a US public holiday.

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