Asian stocks open higher after US gains, oil rises
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Asian stocks opened higher following positive US jobs data, with oil prices rising amid intensified protests in Iran. The S&P 500 reached an all-time high, while US equity futures dipped. The dollar weakened after comments from Fed Chair Powell regarding legal issues. Despite geopolitical uncertainties, global markets remain relatively calm. Taiwan Semiconductor's strong revenue may boost Asian tech shares. G7 finance ministers are meeting to discuss rare earths, and Fed officials are scheduled to speak. Precious metals saw slight gains, and bond yields remained stable as rate cut expectations were adjusted by major banks.
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