Investing.com-- Most Asian stocks surged on Friday, tracking an overnight rally on Wall Street as strong U.S. economic data helped quell fears of a recession, while bets on interest rate cuts still remained in play.
Both indexes were set to add between 7% and 8.5% this week, as they rebounded from four straight weeks of steep losses, which also saw them enter a bear market.But Japanese stocks still remained within a bear market entered last week, with analysts at JPMorgan warning that recent gains were driven chiefly by domestic buying, and that foreign investors remained cautious over buying back into Japan.) rose 3.6% even as its June quarter earnings missed estimates.
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Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped a tumultuous week. Japan's Nikkei 225 index jumped 2.1%. U.S. futures and oil prices rose. On Friday, the S&P 500 rose 1.1% for its best day in seven weeks.
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Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped a tumultuous week.
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Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped a tumultuous week.
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Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that
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Stock market today: Asian stocks slip, while Australian index tracks Wall St rally to hit recordAsian stocks are mostly lower even as investors wager that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record. U.S. futures fell and oil prices were little changed. The S&P 500 climbed 0.6% Tuesday to top its all-time high set last week. The Dow Jones Industrial Average leaped 1.
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Asian stocks track Wall Street gains after encouraging US jobs data calm jitters over the economyAsian stocks have advanced after U.S. stocks rallied to their best day since 2022 in Wall Street’s latest sharp swerve
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