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Japan’s Nikkei 225 Index climbed 0.85% to close at 64,621 on Wednesday, recovering from one-month lows as AI-related stocks led the gains. Strong results from server manufacturer Super Micro Computer improved expectations for AI spending, while robust earnings from SpaceX, supported by growth in its AI and satellite in
(Adds details and closing prices) By Rocky Swift TOKYO, Oct 13 (Reuters) — Japan's Nikkei closed lower on Tuesday as a selloff in AI-related stocks gathered pace after weakness in US chip shares, while geopolitical tensions further dampened risk sentiment. The benchmark Nikkei 225 fell 1.82% to close at 67,777.52, losi
European tech shares and Nasdaq futures advanced as Reuters reported Anthropic's planned public debut and a possible valuation above $2 trillion. Higher oil prices and multi-year highs in bond yields continued to weigh on markets.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
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.
Global stocks advanced as strong AI demand boosted tech shares and falling oil prices aided bonds. European debt led gains as yields dropped.
Japan stocks extended gains: Nikkei 225 rose 2.12% to close at 66,400 and Topix added 0.55% to 4,126, as technology shares rallied on optimism about a new OpenAI model. Financials and consumers lagged.