From Nasdaq: 2025-02-11 19:31:12

The Taiwan stock market rebounded on Tuesday, gaining 0.57% to close at 23,384.05. Technology stocks led the gains, with Hon Hai Precision spiking 2.87%. The global market outlook is uncertain due to interest rate concerns and trade war fears, with U.S. bourses mixed. Oil prices rose on Tuesday over worries of a supply drop from U.S. sanctions on Russian oil, reaching $73.32 a barrel. Federal Reserve Chair Jerome Powell reassured the Senate that the central bank does not need to rush policy adjustments. Concerns about a global trade war persisted after President Trump imposed tariffs on U.S. steel and aluminum imports.



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