Asian stocks continued to rise as China’s new stimulus measures and record highs in US benchmarks boosted market sentiment. The S&P 500 reached its 42nd closing record this year, while Chinese shares listed in the US surged. Traders await further details on China’s stimulus and upcoming US economic indicators.
Global Market Today: Asia stocks rebound from tech selloff, Kospi jumps
Asian markets saw a cautious rebound Wednesday after a significant tech-led global selloff, reigniting worries about the AI rally’s sustainability. South Korea’s Kospi surged, led