Asian stocks boosted by rate cut bets, tech tracks Nvidia rally

Investing.com-- Most Asian stocks rose on Thursday amid increased optimism over lower interest rates across the globe, while regional technology shares surged tracking overnight gains in artificial intelligence darling Nvidia.closed at record highs. Gains were in part driven by weak labor market data, which ramped up hopes that the Federal Reserve will cut interest rates by September.

A rate cut by the Bank of Canada on Wednesday, and anticipation of a widely expected cut by the European Central Bank on Thursday also ramped up optimism over lower lending rates across the globe.) rallied to a $3 trillion valuation on Wednesday, amid persistent hype over AI. Sentiment towards chipmakers was also supported by reports of positive comments from ASML Holding NV - the biggest contract chipmaker in the world and a top Nvidia supplier- surged 5% to a record high in Taiwan trade.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Asian stocks sink as US-China trade jitters offset Nvidia tech boostAsian stocks sink as US-China trade jitters offset Nvidia tech boost
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Goldman still bullish on these two Asian electronics stocks after Nvidia earningsGoldman still bullish on these two Asian electronics stocks after Nvidia earnings
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Nvidia Asian suppliers rise on positive Q1 earnings, outlookNvidia Asian suppliers rise on positive Q1 earnings, outlook
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Nvidia Asian suppliers cautiously advance as Q1 earnings loomNvidia Asian suppliers cautiously advance as Q1 earnings loom
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Asian stocks rangebound with Fed minutes, Nvidia earnings in focusAsian stocks rangebound with Fed minutes, Nvidia earnings in focus
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »