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Nasdaq 100 Surges 1.7% as Tech Rally and Resilient US Data Fuel Bullish Momentum

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The Story

News Summary

  • Asian shares and US futures climbed following a tech-fueled Wall Street rally, where the Nasdaq 100 gained 1.7% and chip stocks surged 4%.
  • Resilient US economic data, including steady consumer spending and stable job openings, bolstered investor confidence in corporate earnings despite potential rate hikes.
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US100 price history

29368.44 +18.07% over the displayed period

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