Investing.com-- Most Asian stocks rose on Thursday amid persistent cheer over stimulus measures in China, while technology stocks- particularly chipmakers- rallied tracking strong earnings from U.S. peer Micron.
Positive earnings from Micron, which also presented a strong outlook, boosted the notion that the AI trade remained in play, and that chipmakers were likely to continue benefiting from strong AI-fueled demand.Shanghai Composite Chinese markets were on a tear this week after Beijing announced a string of key stimulus measures, including a cut to bank reserve requirements, as well as lower mortgage rates.
But despite the increased stimulus, analysts said Beijing needed to do more to shore up growth, especially on the fiscal front.rose 0.9%, coming close to record highs amid optimism over China, which is a key trading partner for the country.index pointed to a strong open, after the index hit a record high above 26,000 points, also clearing a key resistance level.
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Asian Stocks Rise as Tech Shares Track Nvidia Rally, Japan's BOJ Signals Less Hawkish StanceAsian markets mostly advanced on Thursday, fueled by a surge in technology stocks that mirrored an overnight rally in Nvidia. Meanwhile, Japanese equities experienced a notable boost following a softer-than-expected producer inflation reading, which countered recent hawkish signals from the Bank of Japan.
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Asian stocks down after Big Tech pulls S&P 500 and Nasdaq lowerAsian stocks are down after a mixed finish on Wall Street, with the Dow Jones Industrial Average climbing to an all-time high while Big Tech companies pulled the S&P 500 and the Nasdaq composite lower.
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Asian stocks down after Big Tech pulls S&P 500 and Nasdaq lowerAsian stocks are down after a mixed finish on Wall Street, with the Dow Jones Industrial Average climbing to an all-time high while Big Tech companies pulled the S&P 500 and the Nasdaq composite lower. U.S. futures fell. Oil prices eased from their recent highs, which had been driven by heavy fire between Israel and Hezbollah on Sunday.
منبع: AP - 🏆 728. / 51 ادامه مطلب »
Asian stocks down after Big Tech pulls S&P 500 and Nasdaq lowerAsian stocks are down after a mixed finish on Wall Street, with the Dow Jones Industrial Average climbing to an all-time high while Big Tech companies pulled the S&P 500 and the Nasdaq composite lower.
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Asian stocks rise, China rallies further on stimulus cheerAsian stocks rise, China rallies further on stimulus cheer
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