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Asian markets rally as tech stocks rebound, Kospi surges over 5%

Mettis Global • • 1 min read

Asian markets rally as tech stocks rebound, Kospi surges over 5%

Asian share markets advanced on Tuesday, with South Korea’s Kospi climbing 5.09% and Japan’s Nikkei 225 adding 2.78%, Mettis Global reported. The Kosdaq rose 4.73%, while Australia’s S&P/ASX 200 gained 1.19%, as buyers returned to technology shares after recent losses. A strong Monday on Wall Street and cheaper crude also supported sentiment across the region.

The Dow rose 1,104 points, or 2.2%, and the S&P 500 and Nasdaq Composite gained around 2.4% and 2.7%, respectively. Nvidia moved against the broader rebound, losing 4% after reports about Jensen Huang and an alleged foreign intelligence effort; the company’s board has opened an internal inquiry. Investors are awaiting October U.S. CPI data, with economists expecting monthly headline inflation of 0.3% and core inflation of 0.2%; annual figures will be absent because of data disruptions tied to the 2025 government shutdown.

At a glance

  • South Korea’s Kospi jumped 5.09% as Asian markets rose.
  • Investors awaited October U.S. inflation data, with monthly headline CPI forecast at 0.3%.
Sectors:Technology & Communication

Originally reported by Mettis Global

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