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Stock market today: Wall Street surges early, oil prices jump after Hamas leader is killed in Tehran

  • Asian stocks increased on Wednesday after the Bank of Japan raised its benchmark interest rate.
  • The rate hike was expected to raise the yen; however, the dollar fluctuated against the yen, trading above 153.00 at times.
  • The Hang Seng in Hong Kong rose 2.2% to 17,380.46, while the Shanghai Composite index increased 2.1% to 2,938.75 due to contracting manufacturing activity in China.
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