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Asian markets advanced on Tuesday, led by technology stocks, as lower oil prices boosted sentiment and investors anticipated positive outcomes from US-Iran talks. The dollar held firm against the yen on expectations of further interest rate hikes.
The Shanghai Composite rose 0.4% to 3,963.8 on Tuesday, while the Shenzhen Component advanced 1.2% to 13,889, extending gains from the previous session as optimism over high-level US-China talks boosted sentiment. Chinese and US officials concluded a second day of talks covering AI, investment, and trade issues ahead o
The Nasdaq Composite Index closed at a record high on Monday, buoyed by advancements in AI technology and a rally in chip stocks, including AMD which reached a $1 trillion valuation. Treasury yields fell from recent peaks, and oil prices dropped, influenced by speculation of Middle East diplomatic progress.
The S&P 500 and Nasdaq closed sharply higher, boosted by AI chipmaker Advanced Micro Devices reaching a $1 trillion valuation. Treasury yields retreated from recent highs, and crude prices tumbled to an 11-day low amid speculation about Middle East peace talks.
The S&P 500 and Nasdaq surged toward record highs, boosted by gains in Advanced Micro Devices and other AI heavyweights. Treasury yields retreated from recent highs and crude prices tumbled.
US stock futures pointed higher on Monday, with the Dow up 0.84%, the S&P 500 up 0.67% and the Nasdaq 100 up 1.05%. AI-related shares rose in premarket trading while crude fell more than 2% to an 11-day low.