Asian shares rise as Wall Street rallies led by Nvidia

Economy

1 year ago

News sources:

Credited from: APNEWS

Asian shares generally increased on Tuesday, influenced by positive performances in technology stocks on Wall Street, primarily driven by Nvidia's gains.
Japan's Nikkei 225 saw a significant rise of 2.4%, while Australia's S&P/ASX 200 and South Korea's Kospi also reported increases.
A legal challenge was launched by Nippon Steel against U.S. President Biden, who has blocked their attempt to acquire U.S. Steel.
The U.S. S&P 500 index rose by 0.6%, marking its second consecutive gain after a prior string of losses.
Investors are currently awaiting Federal Reserve insights and upcoming economic reports amidst uncertainty about future inflation rates.

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