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Asian Shares Mostly Gain After Big Tech Rally on Wall Street

UNITED STATES, JUL 09 – Tech stocks, led by Nvidia, lifted the Nasdaq 0.9% to a record high as optimism grew from a strong U.S. jobs report and easing inflation favored by the Federal Reserve.

  • On Wednesday, strong gains in major U.S. technology companies pushed the Nasdaq to surpass its previous record, while global markets also experienced broad-based gains.
  • This rally followed a better-than-expected U.S. jobs report last week that helped the Nasdaq set its record high.
  • The S&P 500 rose 0.6%, the Dow Jones added 0.5%, and Asian shares including South Korea's Kospi and Hong Kong's Hang Seng mostly gained amid this positive momentum.
  • President Trump renewed his push for higher tariffs on imports, mentioning up to 200% on pharmaceuticals and a 50% tariff on copper, which some analysts say could raise inflation and trade tensions.
  • The sustained tech rally and extended negotiation window until August 1 suggest cautious optimism despite tariff worries and mixed economic signals worldwide.
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41 Articles

Herald BulletinHerald Bulletin
+6 Reposted by 6 other sources
Center

World shares mostly gain after big tech rally on Wall Street

World shares have mostly gained after a rally in U.S. tech stocks lifted the Nasdaq to an all-time high and helped Wall Street claw back earlier losses. In early European trading, Britain’s FTSE 100 rose 1.1% to 8,963. Germany’s DAX…

Associated Press NewsAssociated Press News
+25 Reposted by 25 other sources
Lean Left

Asian shares mostly gain after big tech rally on Wall Street

Asian shares are mostly up after a rally in big tech stocks in U.S. trading led the broader market to a higher close, lifting the Nasdaq to an all-time high and helping Wall Street claw back most of its losses from earlier in the week.

·United States
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Greater Milwaukee Today broke the news in on Wednesday, July 9, 2025.
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