Asian stocks witnessed a significant surge following a rally on Wall Street, driven by strong earnings from Alphabet and renewed trade optimism stemming from President Trump’s administration. Despite Nissan issuing a profit warning, its shares climbed on the hopes of a turnaround. The positive sentiment was further boosted by the prospect of a trade understanding between the US and South Korea, as well as expectations of earlier interest rate cuts by the Federal Reserve. This optimistic outlook in the markets occurred amidst lingering uncertainties surrounding trade talks between the US and China.

Posted in
JUST IN
Asian Stocks Soar on Alphabet’s Earnings, Trade Optimism; Nissan Shares Rise Despite Warning
In Trend

“India’s Digital Payment Transactions Surge by 93% in 2021, Reaching Record Highs Amid Pandemic Recovery”
