Asian Shares Rise as Fed Hike Bets Ease, Oil Prices Gain
MSCI’s Asia Pacific equities index increased by 0.4%, led by a 2% rally in Japanese shares. Nasdaq 100 futures rose 0.3% following the index's record high close on Friday. Additionally, a US semiconductor index also saw gains, reflecting positive market sentiment amid easing expectations of Federal Reserve interest rate hikes and rising oil prices.
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