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Asian stocks edged higher, with the MSCI Asia-Pacific Index up 0.3%, as investors weighed the resilience of technology shares against concerns over reports that Nvidia’s board was considering CEO Jensen Huang’s future. Nvidia shares fell more than 8% after the close. Regional indexes were mixed, while oil prices declined and the dollar approached an 18-month high. Markets are pricing in an 87.3% chance that the Federal Reserve will raise interest rates by 25 basis points at its December 9 meeting, versus a 12.7% chance of a 50-basis-point increase.
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