Asian stocks climbed for a second day, mirroring a rebound in US tech shares and strong economic data. Oil prices held onto recent gains, marking their largest increase since October. Investors are reassessing the impact of artificial intelligence on tech companies, with some believing the recent selloff was an overreaction.
Global Market Today: Asian stocks rise following chip rally, oil slips
Asian stocks climbed as investors favored semiconductor shares due to AI demand. Oil prices declined as energy supply disruption fears eased. South Korea’s Kospi index