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China Market Update: NVIDIA’s Rapid Rise Driven by Chip Giants TSMC and SK Hynix

Asian stocks combined overnight, with South Korea and Japan underperforming after Minneapolis Federal Reserve President Neel Kashkari said there would possibly be no interest rate cut in 2024 if inflation remains “sideways. “The sideways comments caused investors to soothe their grief with red wine. but not Merlot!

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