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How Japan’s inflation dip fueled a Nikkei rally and IBM’s quantum leap — Market Wrap May 22
Today's AI insights from 7horns.ai highlight a strong rally in Asian markets, led by the Nikkei 225's 2.7% surge nearing record highs amid Japan’s core inflation slowing to a four-year low of 1.4%. The Hang Seng and Shanghai Composite also posted gains, lifting the MSCI Asia Index by about 1%. In the US, markets opened quietly with futures flat to slightly higher. The standout story was IBM soaring over 12% after securing a $1 billion quantum computing grant from the US government, sparking a broader quantum tech rally with Quantum Computing Inc. up 19%. Nvidia, despite crushing earnings, saw…
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