Asia Markets Rise Following US Rate Cut
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Asia-Pacific markets rose Monday, mirroring Friday's Wall Street gains. Investors anticipate China's loan prime rate decision, expected to remain unchanged, following the Fed's 25-basis-point rate cut. Japan's Nikkei 225 and Topix indices increased, alongside South Korea's Kospi and Kosdaq. Australia's ASX/S&P 200 also saw growth, while Hong Kong's Hang Seng Index opened flat. U.S. equity futures showed little change, with the Dow, S&P 500, and Nasdaq closing at record highs on Friday.
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