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flag Asian markets rise, fueled by record U.S. gains and hopes of Fed rate cuts, amid trade tensions.

flag Asian shares rose on Wednesday, following record gains on Wall Street, after U.S. job market data suggested the Federal Reserve may cut interest rates. flag Indices in Japan, Australia, South Korea, and Hong Kong saw notable increases. flag However, uncertainty over U.S.-China trade tensions remains, with ongoing tariffs affecting both economies. flag The S&P 500, Dow Jones, and Nasdaq also hit record highs, bolstered by expectations of a rate cut by the Fed.

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