A post by @FirstSquawk on X.
ASIAN STOCKS CLIMBED, TRACKING WALL STREET HIGHER AFTER A RALLY IN TECHNOLOGY SHARES AND A SLUMP IN OIL PRICES DROVE U.S. BENCHMARKS TO THEIR BEST DAY IN SEVEN MONTHS, WITH SOUTH KOREA’S KOSPI JUMPING MORE THAN 5% AND JAPAN’S NIKKEI 225…
@FirstSquawk on X
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Asian equities rallied, tracking Wall Street’s strongest session in seven months as a technology-share surge and an oil-price slump lifted U.S. benchmarks. South Korea’s KOSPI jumped more than 5% and Japan’s Nikkei 225 rose nearly 3% in early trading. The move matters because it signals renewed risk appetite across Asian markets following the U.S. tech rally and weaker crude prices. Investors will watch whether the gains hold through the session and whether oil’s decline continues to support equities.
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Named in this story
Nikkei 225, KOSPI, Wall Street, technology shares, oil (OIL)
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