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Markets

Asian stocks surge on push from Fed

Pandemic-hit markets rise from multiyear lows as focus shifts to fiscal stimulus

The main gauge on the Tokyo Stock Exchange soared after trading opened on March 24.(Photo by Kei Higuchi)

HONG KONG/ TOKYO -- Asian stocks climbed from multiyear lows and U.S. equity futures climbed on Tuesday, bolstered by yet another Federal Reserve stimulus to ease borrowing costs and aid an economy battered by the coronavirus pandemic.

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