Asian Markets Surge Post-US Shutdown
Asian stock markets, including Japans Nikkei, Shanghai Composite, and South Koreas Kospi, saw gains following a strong U.S. market performance and the end of the U.S. government shutdown. The resolution of the shutdown boosted global investor confidence, while U.S. futures also edged higher. However, oil prices dipped slightly. Japans Nikkei rose by 0.3%, while SoftBank Groups shares fell after selling Nvidia holdings. Australias S&P ASX fell for the third straight session due to strong jobs data. Positive sentiment from the U.S. reopening is expected to continue influencing global markets, with investors watching for new economic data and developments in sectors like AI. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.
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