By Gregor Stuart Hunter
SINGAPORE, Dec 12 (Reuters) – Asian stocks advanced in early trade on Friday following strength on Wall Street overnight, though a fresh decline in Oracle’s share price sent jitters through the tech sector.
Financial markets had to move fast to find their footing this week when the Federal Reserve cut interest rates but gave a less hawkish outlook than expected, and the return of AI bubble worries added to the stress for investors.
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.7%, tracking mostly higher U.S. markets on Thursday – the Dow and Russell 2000 indices hit new highs but the Nasdaq fell.
Tokyo’s Nikkei 225 outperformed the region in morning trade, climbing 1% as shares in Softbank Group surged 6% after Bloomberg News reported it i

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