Asian equities rose Wednesday after capping their best quarter in 17 years, as a rally in chipmakers and signs of US economic resilience fueled optimism about corporate earnings.
Stocks advanced in Japan and South Korea, lifting the MSCI Asia Pacific Index 0.3%. The gains came after a tech-fueled rally lifted US stocks, with the S&P 500 climbing 0.8% and the Nasdaq 100 gaining 1.7%. A gauge of semiconductor stocks rose nearly 4%, helping post a record quarterly advance.
