Strong rally in Asian stock markets: Different pricing in the US and Europe

Asian equities rallied sharply on the morning of November 10, with South Korea's KOSPI jumping 4.32% and Japan's Nikkei 225 climbing 2.89%, while US Nasdaq 100 futures slipped into negative territory and European index futures traded higher ahead of the open. The divergence highlights uneven regional pricing as investors rotate toward Asian markets while US tech faces pressure. The scale of the Korean move—more than 4% in a single session—signals strong conviction rather than routine drift. Traders will watch whether the Asian bid holds through the European and US sessions, and whether Nasdaq futures recover from their early weakness.