Cybersecurity

Asian stocks track Wall Street tech bounce, oil eases on Mideast hope

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Asian stock markets are tracking Wall Street's tech sector rebound, with a renewed focus on AI-related stocks providing support. This recovery follows a period of profit-taking and investor jitters about tech valuations and potential US interest rate hikes. The easing of Middle East tensions has also contributed to market stability, with oil prices declining. Investors are now awaiting US inflation data, which will heavily influence the Federal Reserve's future monetary policy decisions.

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