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Asian Shares Mostly Rise After Buying of AI-Related Shares Leads a Rally on Wall Street
- Asian shares mostly rose, driven by gains in AI-related stocks like computer chips, following a Wall Street rally.
- Japan's Nikkei 225 increased by 1.6%, reaching 68,601.21.
- South Korea's Kospi rose 4% to 6,844.65, with Samsung Electronics shares up 5.4%.
- Better-than-Expected earnings from AI companies and U.S. inflation data aligning with forecasts boosted market optimism.
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14 Articles
14 Articles
Associated Press News+12 Reposted by 12 other sources
Asian shares mostly rise after buying of AI-related shares leads a rally on Wall Street
Asian shares are mostly higher, powered by gains for AI-related stocks including computer chips. Regional markets tracked a rally on Wall Street, where the benchmark S&P 500 finished just shy of a record.
·New York, United States
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Share prices were mostly rising in the early operations of Thursday on Asian markets, while optimism on global markets about the prospects for shares linked to AI and the semiconductor sector continues.
Coverage Details
Total News Sources14
Leaning Left5Leaning Right1Center7Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 38%
C 54%
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