Global market: Asian shares rise following Wall Street tech rally, progress in US debt talks2 min read 26 May 2023, 07:00 AM IST
US President Joe Biden and Republican lawmaker Kevin McCarthy on Thursday were edging close to a deal, with the parties just $70 billion apart on discretionary spending.
Asian markets traded mostly higher on Friday following an overnight rally on Wall Street amid signs of progress in debt-ceiling talks. Rally in tech stocks led by Nvidia fueled gains in the US markets.
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