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.
41 Articles
41 Articles
Stocks Fall as Trump’s Trade Threats Lift Dollar: Markets Wrap
Stocks slid from all-time highs as Donald Trump intensified his trade offensive, sending the dollar higher. Concerns about the potential inflationary impacts of tariff hikes weighed on the Treasury market. Oil rallied as traders braced for fresh US efforts to crimp Russian energy exports.

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…
Asian shares are mostly higher after Wall Street rally caps a dismal week | The Asahi Shimbun Asia & Japan Watch
BANGKOK--Shares mostly gained in Asia on Monday after U.S. stocks capped a mostly dismal week with a broad rally that still left the benchmark S&P 500 down 2% for the week.
Asian Shares Mostly Gain After Big Tech Rally on Wall Street

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.
Coverage Details
Bias Distribution
- 58% of the sources are Center
To view factuality data please Upgrade to Premium