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The Economic Times
The Economic Times
Business

Global Market Today: Asian stocks climb after tech shares power Wall Street

Asian stocks rose in early trading as the region’s heavyweight technology shares tracked US peers higher on optimism around Meta Platforms Inc.’s new artificial intelligence agent.

MSCI Inc.’s gauge of Asian shares climbed 0.5%, with memory chipmakers Samsung Electronics Co. and SK Hynix Inc. the top contributors to gains. South Korea’s benchmark Kospi Index jumped more than 2%. Contracts for US benchmarks edged higher after the S&P 500 and Nasdaq 100 posted their best days since early August.

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