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Economy · Seoul, South Korea ·

Asian and US stocks rebound on tech and oil

Seoul shares rose more than 4%. SoftBank jumped 14% as tech stocks recovered. Lower oil prices lifted sentiment. The Nikkei gained 2.87%. A bruising week had hit AI stocks.

Why it matters

Savers and investors saw part of recent losses recovered.

Background

AI-related stocks had dropped sharply the previous week.

Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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