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Asian stock markets climb after earlier tech rout

Asian stock markets climb after earlier tech rout

Key indexes in Japan, South Korea, Taiwan and Hong Kong made substantial gains on Monday, following a rebound on Wall Street on Friday.

In Tokyo, the benchmark Nikkei 225 was up 3.45 percent as of 04:00 GMT. In Taipei, the Taiex was 5.72 percent higher, while the Kospi in Seoul was up 1.68 percent. Hong Kong’s Hang Seng Index was up 0.19 percent.

Futures for Wall Street’s benchmark S&P 500 index and the tech-heavy Nasdaq 100 were up 0.60 percent and 0.59 percent, respectively. They had dipped earlier following US-based chip giant Nvidia’s announcement that it would investigate its CEO over a romantic relationship he conducted with a woman accused of being a Chinese spy.

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Reported across 1 source

View original sourcealjazeera.com

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