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Asian stocks rise as KOSPI surges; CPI, Hormuz risks temper tech rally

Asian stocks were mostly higher on Wednesday as a renewed rally in semiconductor shares pushed South Korea sharply higher, while investors stayed cautious ahead of U.S. inflation data and as oil prices climbed on renewed uncertainty over the Strait of Hormuz. In Asian trade, Nasdaq 100 Futures rose 0.4%, while S&P 500 Futures gained about ...

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