Business & Finance
Asian Stocks to Rally on US Tech Surge, Oil Slump: Markets Wrap
Key Points
Asian Stocks to Rally on US Tech Surge, Oil Slump: Markets Wrap Asian stocks were poised to track Wall Street higher as a rally in technology shares and a slump in oil prices drove US benchmarks to their best day in seven months. Equity-index futures for South Korea, Japan and Taiwan, home to leading suppliers of the hardware for the artificial intelligence buildout, pointed to gains of at least 2%. Those for Australia indicated more modest advances.
Asian Stocks to Rally on US Tech Surge, Oil Slump: Markets Wrap
Asian stocks were poised to track Wall Street higher as a rally in technology shares and a slump in oil prices drove US benchmarks to their best day in seven months.
Equity-index futures for South Korea, Japan and Taiwan, home to leading suppliers of the hardware for the artificial intelligence buildout, pointed to gains of at least 2%. Those for Australia indicated more modest advances.