Asian stocks saw a modest rise in thin holiday trading, influenced by a volatile US session and concerns over the AI outlook. Investors are closely watching the Federal Reserve’s interest rate path, with mixed signals from officials regarding potential cuts. Attention also turns to the Reserve Bank of New Zealand’s policy decision later today.
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