Asian Stocks Surge on Alphabet Earnings and Trade Optimism; Nissan Shares Rise Amid Turnaround Hopes

Asian stocks witnessed a significant surge following a rally on Wall Street, driven by Alphabet’s impressive earnings report and renewed trade optimism stemming from President Trump’s remarks. Despite Nissan’s profit warning, investors remained hopeful for a turnaround, leading to a rise in the company’s shares. The positive market sentiment was further supported by the prospect of a trade agreement between the US and South Korea, as well as expectations of the Federal Reserve implementing interest rate cuts sooner than expected. These developments occurred amidst ongoing uncertainties surrounding trade talks between the US and China. The market response to these various factors highlighted the resilience and optimism among investors in the Asian stock market.

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