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The Independent UK
The Independent UK
National
Joe McDonald

Stock market today: Asia follows Wall Street up on hopes Fed will ease off rate hikes

US Federal Reserve ING James Knightley Philip Jefferson United States C3Ai Nvidia
Copyright 2023 The Associated Press. All rights reserved

Asian stock markets followed Wall Street higher Friday ahead of a U.S. jobs update after Federal Reserve officials reignited hopes another interest rate hike might be postponed.

Shanghai, Tokyo, Hong Kong and Seoul advanced after U.S. lawmakers approved a deal to avert a government debt default. Oil prices strengthened.

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