U.S. Tech Rally Boosts Stocks
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tech stocksReuters
•Stocks gain, dollar steady; Wall Street shrugs off global political turmoil
79% Informative
Wall Street's major stock indexes rallied to record closing highs, led higher by tech stocks and comments by Federal Reserve officials.
South Korea's KOSPI index down 1.4% , taking its year-to-date losses to over 7% and making it the worst performing major stock market in Asia this year .
Most Asian markets aside from South Korea rose as the won currency steadied but remained close to the two-year low against the dollar.
U.S. crude fell 1.62% to $ 68.81 a barrel and Brent declined to $ 72.53 per barrel, down 1.48% on the day .
Bitcoin gained 3% and Bitcoin rose 7.4% as Trump nominated Paul Atkins to run the SEC .
Atkins is seen as a crypto industry-friendly pick.
VR Score
91
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