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Global markets steady as Nvidia drives tech sector
Global markets stabilized today following Nvidia's strong earnings outlook. European tech stocks gained 1.3%, while their shares in Frankfurt rose by 6% after forecasting a 70% increase in revenue for the next fiscal year, despite shortages in memory components. The MSCI Asia-Pacific Index increased by 0.3%, and the South Korean KOSPI rose by 1.5% after the interest rate was raised to 3%. Meanwhile, Brent crude oil fell by 1.1% to $86.8, and gold and Bitcoin prices edged up slightly amid ongoing concerns about the weakening US dollar.
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