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U.S. stocks rose in early trading, led by tech stocks, with chip stocks moving higher, and NVIDIA up 2%.
U.S. stocks rose in early trading on Wednesday after the Consumer Price Index (CPI) report showed inflation slowed in July, with the Nasdaq Composite leading the major indexes higher. The tech sector was the best performer at the open, driven primarily by a 2% gain in NVIDIA and gains in other semiconductor stocks.
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The Nikkei 225 Index rose 2.89% from its previous close, currently trading at 60,475.78.
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South Korea's KOSPI index rose 4.42% from the previous close, currently trading at 5,240.60
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Taiwan Weighted Index closed up 2.98% from the previous session, currently trading at 42,901.52.
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