Asian stocks advanced as investors shifted their focus to tech bets after a week largely defined by the threat of a US-China trade war.
An MSCI gauge of regional shares rose as much as 1.1% as benchmark indexes in South Korea, Japan and Australia all gained. The moves were fueled in part by a return to bets on tech stocks, after Wednesday’s earnings from Dutch chip-machine maker ASML Holding NV added to optimism the artificial intelligence boom can still power corporate earnings. US stock futures edged higher.
First Appeared on
Source link
