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Asian stocks rebounded on Monday, led by the technology sector. The MSCI Asia-Pacific Index rose 2.3%, Japan’s Nikkei 225 gained 3.5%, and Taiwan’s Taiex surged as much as 6.4% after measures were introduced to bolster investor confidence. The gains followed a recovery on Wall Street, despite continued caution over AI company valuations and an independent investigation involving Nvidia CEO Jensen Huang. Investors are watching for U.S. inflation data due Tuesday to gauge the outlook for interest rates, while markets are pricing in a nearly 80% chance of a rate hike by year-end.
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