US and Asian stocks rise as technology shares including Nvidia rebound
7month9~10day, US and Asian stocks rose, helped by a rebound in technology shares. Although concerns about attacks in the Middle East remained, investors reportedly focused more on expectations for AI demand.
7month9day US stocks and 7month10day Asian stocks rose as technology shares rebounded. Investors reportedly focused more on AI-related expectations even as concerns about attacks in the Middle East continued.
In the US market, buying centered on technology shares drove the indexes higher. Some investors chose to trade with greater weight on AI demand and corporate earnings despite risks in the Middle East.
A similar trend was also seen in Asian markets. 7month10day, major indexes rose as investors prioritized AI-related positive news over recent reports of attacks in the Middle East.
In both markets, geopolitical risks stemming from the Middle East remained a factor driving market jitters. However, trading showed differentiated movements across sectors.
Unlike during reports of attacks, on-site investors’ trading preferences were concentrated mainly on technology stocks, and interest in AI-related companies was reported to have increased.
This trend is summarized as the result of short-term factors and sector-specific supply and demand acting in combination. The potential escalation of geopolitical tensions and the earnings of AI-related companies have been identified as factors that will determine the direction ahead.
Sources: Reuters,Investing.com News
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