Asian equities opened higher, mirroring gains in US stocks and Treasuries as investors look past geopolitical tensions. Despite concerns over oil prices and inflation, markets show cautious optimism, with the Federal Reserve’s interest-rate decision awaited. Continued volatility is expected until the energy situation stabilizes.
US stocks today: S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
U.S. stocks ended higher as softer June inflation data and strong bank earnings lifted sentiment despite escalating Middle East tensions. Nasdaq outperformed on chip gains,