Asian stocks showed mixed movement. Federal Reserve Chair Jerome Powell indicated that further interest rate cuts are not guaranteed. This led investors to adjust their expectations for easing. Markets are now awaiting policy signals from the Bank of Japan and the European Central Bank. Attention is also on the upcoming meeting between President Donald Trump and Xi Jinping concerning trade.
US stocks rebound on AI optimism revival; Dow rises 387 pts, Nasdaq, S&P 1%
Wall Street surged Monday, led by AI-related stocks like Meta and Nvidia, as Meta announced significant layoffs and Nvidia unveiled new components. Oil prices dipped