US EQUITY OPEN: Indices extend higher as Tech names gain with US data due imminently

The extension of gains in U.S.

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US EQUITY OPEN: Indices extend higher as Tech names gain with US data due imminently

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Context

equity indices, particularly in tech stocks, suggests positive market sentiment ahead of upcoming U.S. economic data. Traders may be positioning for a favorable data release such as the Purchasing Managers Index (PMI) or ISM figures, which could further bolster risk appetite and potentially influence monetary policy expectations.

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