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Markets Hold Steady Ahead of Fed’s CPI Decision; Asia Rallies on Tech Optimism
Markets Hold Steady Ahead of Fed’s CPI Decision; Asia Rallies on Tech Optimism
20
3
BTCCSquare news:
Global markets tread cautiously as investors await the Federal Reserve's CPI data, a critical indicator for upcoming rate decisions. S&P 500 and Dow Jones futures inched up marginally, while Nasdaq 100 futures edged 0.2% higher. Wall Street's record highs reflect optimism, but traders remain hesitant without confirmation of cooling inflation.
In Asia, markets outpaced Wall Street's subdued activity. Japan's Nikkei 225 surged 1.22% to a fresh peak of 44,372.5, buoyed by SoftBank Group's 10% rally. The jump followed reports of OpenAI's $300 billion cloud deal with Oracle, sparking bullish sentiment across tech sectors.
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