Asian shares experienced an upswing, mirroring Wall Street’s significant rally driven by improved US consumer confidence and a global bond surge. Japan’s stock market led the gains, while Treasury yields stabilized after a sharp decline. Investors are closely watching Nvidia’s earnings and a key Japanese bond auction for market direction amid lingering economic uncertainties.
US stocks today: S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire
The S&P 500 and Nasdaq hit record closing highs as hopes of a US Iran ceasefire extension boosted sentiment. Investors also digested US inflation rising