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Asian stocks steady as AI, Middle East jitters recede
MSCI Asia-Pacific shares outside Japan rose 0.8% as investors weighed a strong U.S. jobs report and nearly 80% odds of a December rate hike.
Summary by Channel News Asia
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Asian stocks steady as AI, Middle East jitters recede
Asian markets and US equity futures made a steady start on Monday (Nov 9), after a wild week where doubts about demand for computer chips sent tech-heavy markets in Asia into some of their steepest falls in years.
Global Market Today: Asian stocks open mostly higher, Nvidia probe looms
Benchmark stock indexes rose in Japan and Australia after a gauge of US semiconductor shares jumped 4.2% on Friday as speculation about possible tighter Democratic party regulation of the artificial intelligence industry eased. The MSCI Asia Pacific Index of equities gained 0.5%.
Coverage Details
Total News Sources6
Leaning Left0Leaning Right4Center2Last Updated67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
Factuality
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