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Asian stocks rise as tech boost offsets Fed jitters; China leads

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Asian stocks rise as tech boost offsets Fed jitters; China leads

Investing.com-- Most Asian stocks rose on Monday as technology shares tracked strong gains in their Wall Street peers, while Chinese markets advanced after the government further loosened some restrictions on the property market.

Tech was the best performer for the day, tracking a strong session on Wall Street on Friday following blowout earnings from Microsoft Corporation (NASDAQ: The move was aimed at bolstering the property market, which is grappling with a three-year slump and has been a key pressure point for the Chinese economy.A string of key Chinese company earnings are also on tap this week, particularly from China’s biggest state-owned banks and oil and gas firms.was the best performer in Asia, rising 1.7% on gains in technology and property stocks.

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Nederland Laatste Nieuws, Nederland Headlines

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