US EditionAsian markets mostly higher in quiet holiday trading after AI deals push Wall St to more records
Japan's Nikkei 225 rose 0.8% on hopes for more spending and tax cuts under Sanae Takaichi, while Wall Street hits AI-driven records led by AMD and Nvidia.
- Tuesday, Asian shares were mostly higher in quiet holiday trading as the Nikkei 225 rose 0.8% on hopes for spending and lower taxes after Sanae Takaichi became party leader.
- Wall Street kept hitting records as enthusiasm over artificial intelligence surged, with OpenAI now a $500 billion company and Nvidia investing $100 billion last month.
- Advanced Micro Devices helped lead gains, soaring 23.7% after OpenAI agreed to use its chips and could acquire up to 160 million shares if milestones are met.
- U.S. markets closed at fresh records as the S&P 500 climbed 0.4% to 6,740.28, Tesla rose 5.4% after Tuesday product hints, and Comerica jumped 13.7% on a $10.9 billion deal.
- The ruling Liberal Democrats are maneuvering ahead of a lower house vote later this month, while Takaichi faces opposition and investors warn AI-driven prices may be too high.
19 Articles
19 Articles
Asian markets mostly higher in quiet trading after AI deals push Wall St to more records
Asian shares were mostly higher Tuesday in quiet holiday trading, while Japan’s benchmark rose to new records on hope for more government spending and lower taxes under Japan’s first woman…
Associated Press News
Asian markets mostly higher in quiet holiday trading after AI deals push Wall St to more records
Asian shares are mostly higher in quiet holiday trading, while Japan’s benchmark rose to new records on hope for more government spending and lower taxes under Japan’s first woman prime minister.
Asian markets rise as Japan celebrates historic female prime minister amid record-breaking Wall Street session
Asian markets pushed higher Tuesday in what was otherwise sleepy holiday trading, with Japan’s benchmark index hitting fresh records after the country selected Sanae Takaichi as its first female prime minister. The mood was decidedly quiet, though, with both mainland China and South Korea out for holidays. Takaichi’s weekend victory in the Liberal Democratic Party leadership race sent the Nikkei 225 soaring nearly 5% Monday, and the rally kept g…
Coverage Details
Bias Distribution
- 47% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
