Asian Tech Stocks Soar on U.S. Rate Cut Hopes
Update: 2025-11-26
Description
Asian stock markets, particularly tech stocks, surged today, driven by optimism over potential U.S. interest rate cuts. The Federal Reserves expected easing of monetary policy, following lower-than-expected inflation data, boosted investor confidence. Major chipmakers like Samsung and Taiwan Semiconductor, along with Chinese tech giants Baidu and Alibaba, saw significant gains. Broader Asian markets also advanced, with Japans Nikkei two two five and South Koreas KOSPI rising over one percent. Australias S and P slash ASX two hundred was the top performer, with a one point three percent increase. The focus now shifts to more economic data this week for further clues on monetary policy.
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