Asian Shares Rise on Tech Rally, Oil Retreat; Yields Near Highs
Asian stocks climbed Tuesday, mirroring a tech-driven rally that saw the Nasdaq close at a record high. A dip in oil prices provided additional support, although longer-dated Treasury yields remained near multi-decade peaks. The euro traded near a 17-month low.
Asian stocks rose on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with a retreat in oil prices offering further support even as longer-dated Treasury yields hovered near multi-decade highs. The euro FX:EURUSD languished near 17-month lows after briefly touching …