Markets edge higher on tech rebound

Most global stock markets rose, including European and Asian markets, as tech shares recovered from a wave of losses following the release of US employment data that was below expectations. Additionally, the decreased likelihood of a US interest rate hike boosted investor sentiment and led to a decline in global borrowing costs. Expectations remain uncertain amid ongoing inflation pressures, with the possibility of rate hikes still on the table, but new data has significantly eased fears of aggressive monetary policy tightening.

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