Oppenheimer Predicts Over 90% Rally for These 2 Stocks
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Reuters
Tentative tech bounce as investors escape bonds
Asian equities hit three week highs on Wednesday as investors fled a meltdown in bond markets and sought refuge in cash, carry trades and beaten-down sectors such as technology, while the Ukraine conflict’s threat to supplies kept oil prices firm. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1% to its highest since early March, with hefty rises in Hong Kong technology firms leading the way. In Japan, autos joined in as the Nikkei rose 3%.