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The Nexus
BUSINESSAug 13 · 03:38 UTCWTOP DCWTOP Staff

Asian shares mostly rise after AI leads rally on Wall Street

Asian shares mostly rose amid global market optimism driven by the AI and semiconductor sectors. Major indices saw gains, including the S&P 500 rising and the Nasdaq composite climbing 0.5%. Furthermore, inflation was reported as slightly less severe than expected, leading to reduced speculation that the Federal Reserve will raise interest rates.

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