Asian Stocks Jump After Fed Rate Cut
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Asian stocks jumped Wednesday morning in the wake of Wall Street's overnight surge spurred by the U.S. Federal Reserve's larger-than-expected interest rate cut.
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The US Federal Reserve gave Wall Street an impressive boost on Tuesday as stock markets rejoiced in a surprise decision to cut interest rates by 50 basis points.
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Asian stocks rose on Friday as an upbeat Japanese corporate sentiment survey cheered investors, while gold prices traded at a 5-1/2-month high on concerns that high energy costs would lift inflation.
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Asian markets rose sharply today, and European stocks were off to a strong start after the Federal Reserve cut interest rates by half a percentage point yesterday.
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Stocks rose on Tuesday as expectations the Federal Reserve will slash interest rates for the second time in a week boosted banks, insurers and home builders.
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Stocks rose on Monday as investors bet that the Federal Reserve will cut benchmark lending rates this week and that soaring commodity prices will boost profits of metal and energy producers.
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The United States Federal Reserveâs surprise rate cut stemmed losses on the Asian stock markets but heightened fears of a painful recession.
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Stocks rose for a second day on Wednesday as investors bet the Federal Reserve's bold rate cut would help prevent the economy from slowing further and boost profits.
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Stocks rose on Wednesday as investors bet the Federal Reserve's bold rate cut would help prevent the economy from slowing further and boost profits.
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Wall Street stocks rallied on Monday, after overcoming an initial wobble, as hopes for more aggressive interest rate cuts spurred gains in financial companies ahead of the Federal Reserve's policy meeting on Tuesday.
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Asian stocks edged higher on Monday  following a strong performance by Wall Street last week, but  Seoul shares eased from a record high as Kookmin Bank dropped  after being ordered to pay back taxes.
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Stocks rose on Monday as investors bet the Federal Reserve will cut interest rates at the end of a two-day policy meeting that begins on Tuesday.
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Stocks rose sharply on Tuesday on expectations the Federal Reserve will cut interest rates next week and on upbeat outlooks from technology companies.
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Asian stocks rose on Monday, with  China&#39;s market surging to an all-time high and South Korea also  hitting a record, as a rally in metals prices lifted miners and  a stronger dollar boosted shares in Japanese exporters.
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Asian shares rise strongly on growing expectations that the US Federal Reserve will cut interest rates still further.
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Many Asia Pacific stock markets bounced back strongly on Tuesday, tracking overnight gains on Wall Street on fresh optimism that the US Federal Reserve will cut interest rates on Wednesday, though gains trailed off as trading drew to a close.
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Asian stocks bounce back after an interest rate cut by the US Federal Reserve helps calm investor anxiety.