Asian stocks traded in tight ranges as investors awaited fresh catalysts, with a cryptocurrency rebound losing steam. Mixed performance in regional markets mirrored Wall Street’s cautious approach ahead of key central bank rate decisions. Traders are carefully assessing economic data and potential Fed policy shifts, anticipating a ‘back and forth’ pattern in equities before a potential upward trend.
Global Market Today: Asian stocks climb after tech shares power Wall Street
MSCI Inc.’s gauge of Asian shares climbed 0.5%, with memory chipmakers Samsung Electronics Co. and SK Hynix Inc. the top contributors to gains. South Korea’s