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Metal and technology stocks gain as global sentiment improves
Metal and IT stocks advanced on China-linked optimism and earnings support, while broader markets remained cautious amid global uncertainty.
Metal stocks moved higher after renewed optimism around China’s fiscal support measures lifted expectations of stronger commodity demand. Companies linked to copper and zinc production saw notable buying interest, supported by a softer US dollar and firm global prices. Technology stocks also advanced, with investors responding positively to quarterly earnings that exceeded expectations and steady deal pipelines.