Global Shares Climb Following Wall Street Gains

Asian Markets Show Significant Gains; Chinese Gaming Companies Recover Losses

• Global shares advanced on Wednesday, tracking gains on Wall Street.
• Asian markets, including Japan's Nikkei 225 and Hong Kong's Hang Seng, showed significant gains.
• Chinese video gaming companies Tencent and NetEase recouped losses after the government attempted to alleviate market fears about draft guidelines to impose controls over how companies earn money from games.
• The S&P 500 is up more than 24% for the year, while the Nasdaq is up 44%.
• The Federal Reserve is seeking to slow the economy enough through elevated interest rates to cool inflation, but not so much that it tips the nation into recession.

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