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Asian Shares Rise On Wall Street Gains Led By Big Tech

The American flag hangs from the front of the New York Stock Exchange on Wednesday, Sept. 11, 2024, in New York. (AP Photo/Peter Morgan)

Asian shares mostly rose on Thursday, following gains on Wall Street driven by influential Big Tech companies. Japan's Nikkei 225 surged by 2.8% in early trading, with the cheap yen benefiting companies like Toyota Motor Corp. and Nintendo Co. The U.S. dollar strengthened against the Japanese yen and the euro slightly declined.

Nippon Steel Corp. saw little change in its shares after concerns were raised about political interference in its proposed acquisition of U.S. Steel Corp. The U.S. Treasury Secretary and various business groups expressed worries about the potential impact on America's investment climate.

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