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Asian Stocks Poised to Gain as AI Rally Extends: Markets Wrap

A graph tracking the movement of the Nikkei 225 Stock Average displayed outside a securities firm in Tokyo, Japan, on Friday, May 8, 2026. Asian stocks pulled back from a record high and crude oil rose as escalating tensions in the Middle East revived concerns over energy supplies, testing the durability of the recent equity rally.

Bloomberg Markets 7d ago

Asia-Pacific markets set to open subdued after Wall Street's AI-linked stocks slide

Asia-Pacific markets were set to open mixed Friday after a rotation out of chip stocks on Wall Street lifted the Dow Jones Industrial Average to a record close overnight. The Chicago futures contract for Japan's Nikkei 225 was at 67,450 and its Osaka counterpart last traded at 67,610 compared with the index's previous close of 67,470.69. Hong Kong's Hang Seng index futures last traded at 25,158, lower than the index's Thursday close of 25,253.40.

CNBC 5d ago

Japan's Nikkei tops 67,000 on AI boost; SoftBank becomes most valuable Japanese firm

Japan's Nikkei tops 67,000 on AI boost; SoftBank becomes most valuable Japanese firm TOKYO, June 1 : Japan's Nikkei share average topped 67,000 for the first time on Monday, powered by AI-related stocks, as startup investor SoftBank Group overtook Toyota Motor to become the country's most valuable company. The Nikkei climbed as much as 1.4 per cent to touch a record 67,231.28 before ending the day with a 0.9 per cent gain at 66,934.33. SoftBank was by far the biggest support for the Nikkei,...

Channel News Asia 9d ago

Japan's Nikkei tops 67,000 for first time on AI boost; SoftBank becomes Japan's most valuable firm

Japan's Nikkei tops 67,000 for first time on AI boost; SoftBank becomes Japan's most valuable firm TOKYO, June 1 : Japan's Nikkei share average topped 67,000 for the first time on Monday, powered by AI-related shares, as startup investor SoftBank Group overtook Toyota Motor to become the country's most valuable company. The Nikkei climbed 1.1 per cent to enter the midday recess at 67,038.24, after pushing as high as 67,231.28. SoftBank was by far the biggest support for the index, jumping...

Channel News Asia 9d ago

Asia-Pacific stocks set to open subdued amid uncertainty over U.S.-Iran peace talks

Asia-Pacific markets were set to open mixed Tuesday, as investors weighed renewed uncertainty over U.S.-Iran peace negotiations, while Wall Street benchmark indexes climbed to fresh highs overnight on tech optimism. Japan's Nikkei 225 was poised to rise, with the Chicago futures contract at 67,140 and its Osaka counterpart last trading at 67,260 compared with the index's previous close of 66,934.33. In Australia, futures last traded at 8,710, compared with the S&P/ASX 200's last close of...

CNBC 8d ago

Asia-Pacific markets set to open lower on renewed Middle East tensions

Asia-Pacific markets were set to open lower Thursday, tracking Wall Street losses, as tensions between Iran and the U.S. keep oil prices elevated, stoking energy and inflation worries. The Kuwait International Airport was struck by Iran early Wednesday, just a day after the U.S. Central Command said it had defeated multiple Iranian ballistic missiles and drones, as well as launched "self-defense strikes" on Qeshm Island in the Persian Gulf. This was in response to "attempted attacks" by...

CNBC 6d ago

US stocks today: Wall Street mixed as tech stocks slide, Iran tensions weigh on sentiment

Wall Street's major indexes traded mixed to lower on Wednesday as investors grappled with a continued selloff in technology stocks, rising geopolitical tensions in the Middle East, and expectations that the Federal Reserve could keep interest rates elevated for longer. The S&P 500 was nearly flat after recovering from an early decline, while the Dow Jones Industrial Average fell around 0.5%. The Nasdaq Composite, heavily weighted towards technology stocks, also traded lower.

Times of India 6h ago

Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire.

Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire. Asian shares are mostly lower as renewed fighting threatens the U.S.-Iran ceasefire - Bookmark Asian shares mostly declined Tuesday as renewed fighting threatened the U.S.-Iran ceasefire. U.S. futures also fell.

The Independent World 8d ago

$1.3 trillion erased from Wall Street: Here's what slowed down AI rally

US tech stocks came under heavy pressure on Friday, with semiconductor giants leading the decline as investors grew cautious about artificial intelligence-fuelled valuations and digested stronger-than-expected US jobs data. The sell-off was most severe in the chip sector, where the PHLX Semiconductor Index plunged 10.3%, marking its steepest single-day fall since March 2020. The decline followed losses a day earlier after Broadcom's quarterly earnings failed to meet the market's elevated...

Times of India 4d ago

Oil prices climb as Israel expands military operation in Lebanon

Oil prices rose on Monday morning after Israel stepped up its military operation in Lebanon. Crude prices climbed in early Asian trading on Monday after Israeli troops pushed further into Lebanon over the weekend, fuelling investor fears that the broader Middle East conflict could escalate rather than move towards a peace deal. At the time of writing, West Texas Intermediate (WTI) crude was up 2.88% at $89.88 per barrel, while Brent crude rose 2.43% to $93.33 per barrel.

Euronews 9d ago