"Tech Stocks Lead Asian Share Advance After Wall Street Rally"

1 min read
Source: The Associated Press
"Tech Stocks Lead Asian Share Advance After Wall Street Rally"
Photo: The Associated Press
TL;DR Summary

Asian shares advanced following a Wall Street rally led by technology stocks, with Tokyo’s Nikkei 225 gaining 1.4% and Hong Kong’s Hang Seng adding 0.6%. The S&P 500 jumped 1.4% to 4,763.54, regaining momentum after its first losing week in the last 10, while the Nasdaq composite shot 2.2% higher. Earnings results from companies like Delta Air Lines and JPMorgan Chase are expected at the end of the week, and Thursday's release of the latest U.S. consumer inflation data is anticipated. The Federal Reserve's potential interest rate cuts and corporate profits are key focus areas, while U.S. benchmark crude oil added 26 cents to $71.03 a barrel.

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