Global Market Today: Asian stocks rise after US tech rally, oil dips
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Asian stocks rose 0.1% after a tech rally pushed the S&P 500 near a record high.
- ✓Investors focused on strong earnings and AI investment despite rising bond yields.
- ✓Lisa Shalett at Morgan Stanley said, “Relative equity-market calm amid the bond market’s ‘perfect storm’ is understandable.” Meanwhile, oil prices dipped.
Story at a Glance
- Category
- MARKET
- Reported By
- The Economic Times
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Synopsis
MSCI’s Asia Pacific Index edged up 0.1%. Earlier, shares climbed on Wall Street after a rally in Nvidia Corp. and Microsoft Corp. helped the S&P 500 Index close near an all-time high.
Asian stocks posted a modest gain after a tech-led rally pushed the S&P 500 Index near a record as investors largely shrugged off concerns about bond yields at multi-decade highs.
MSCI’s Asia Pacific Index edged up 0.1%. Earlier, shares climbed on Wall Street after a rally in Nvidia Corp. and Microsoft Corp. helped the S&P 500 Index close near an all-time high.
S&P 500 Top Gainers
PTC192.26(33.49%)
Charles River310.77(7.09%)
Moderna203.21(6.95%)
Western Digital441.64(6.34%)
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
The Economic Times
Read the full, original unfiltered story directly on the publisher's portal.