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Asian Stocks Rally Amid Indonesia's Equity Woes | Markets & Money News
Most Asian stocks rebounded today following a significant sell-off, driven by concerns over CoreWeave's debt that impacted tech shares. Indonesia's market, however, faced a stark downturn, with its benchmark plunging 11%, marking its worst drop since 1998 after being dropped from the "emerging market" status by MSCI. Conversely, Japan’s Nikkei and South Korea’s KOSPI saw gains, recovering from prior declines. Gold prices increased while Brent crude eased slightly. The dollar struggled,
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