Asian stocks rebounded as muted US inflation reignited Federal Reserve rate cut bets, with the MSCI Asia Pacific Index ending a six-day decline. US equity contracts rose following a 1.1% increase in the S&P 500 Index, while the dollar stabilized after a recent drop. In China, semiconductor stocks gained as Premier Li Qiang emphasized innovation and infrastructure development, suggesting potential upside from policy easing despite concerns over US tariffs.
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