US EditionAsian shares track Wall Street gains as gold edges lower
Asian markets rose following U.S. gains driven by strong corporate earnings as investors awaited the Federal Reserve's expected interest rate hold, amid inflation and geopolitical tensions.
- On Tuesday, Asian shares were mostly higher after U.S. stock indexes ticked upward, ahead of the Federal Reserve's Wednesday interest rate decision expected to hold steady.
- Earnings and company-specific news boosted markets as Baker Hughes rose 4.4% after strong profits and CoreWeave climbed 5.7% following Nvidia's $2 billion investment.
- In Tokyo the Nikkei 225 rose 0.6% to 53,188.39 while South Korea's Kospi surged 1.9% despite U.S. President Donald Trump's tariff threat; Hong Kong's Hang Seng gained 1.1%, Shanghai Composite was flat, Taiwan's Taiex rose 0.8%, and India's Sensex lost 0.5%.
- Safe-Haven flows lifted gold and silver as gold briefly rallied 2.1% topping $5,100 per ounce Monday before slipping to $5,067 early Tuesday, while silver surged 14%.
- Markets face more swings this week as financial markets react to inflation above the Fed's 2% target and investors position ahead of policy moves and major corporate reports.
33 Articles
33 Articles
Asian stocks rise amid gains in technology shares
KOSPI climbed 2%, Hong Kong’s Hang Seng soared 2.4%, while the blue-chip Shanghai Shenzhen CSI 300 and the Shanghai Composite index rose 0.5% each Most Asian stock markets rose on Wednesday amid strong gains in technology and AI-related shares. Asian stock markets gained, with semiconductors and data‑centre related names outperforming as investors positioned for positive earnings and AI–driven growth. KOSPI climbed as much as 2%, with Samsung ga…
Asian shares track Wall Street gains as gold edges lower - The Morning Sun
Asian shares were mostly higher Tuesday after U.S. stock indexes ticked upward, buoyed by strong profit reports for some companies. The price of gold slipped back from its record, edging 0.2% lower to $5,071.70. Silver lost 5.1% to $109.66 per ounce. In Tokyo, the Nikkei 225 rose 0.6% to 53,188.39. The Kospi in South Korea surged 1.9% to 5,042.32 even after U.S. President Donald Trump said he would raise tariffs on South Korean goods because the…
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