Asian Stocks Surge on Alphabet’s Earnings and Trade Optimism; Nissan Shares Rise Despite Profit Warning

Asian stocks experienced a significant surge following a rally on Wall Street, driven by strong earnings from Alphabet and renewed trade optimism stemming from President Trump’s statements. Despite a profit warning from Nissan, the company’s shares saw an increase due to hopes of a turnaround. The positive sentiment was further reinforced by the possibility of a trade agreement between the US and South Korea and expectations of imminent interest rate cuts by the Federal Reserve, all amid lingering uncertainties surrounding US-China trade talks. Investors in India and across Asia are closely monitoring these developments as they navigate the volatile global market conditions.

In Trend

Apple to move iPhone assembly to India, targeting 60 million units annually by 2026 amid diversification from China.

Indian Stock Market Plunges: Sensex drops over 1,000 points, Nifty50 below 24,000 as markets open in green.

Leave a Reply

Your email address will not be published. Required fields are marked *