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International Business Times
International Business Times
Business

Tech Fans Tokyo Rally On Broadly Positive Day For Asian Markets

A rally in tech firms helped Tokyo's Nikkei 225 lead most Asian markets higher (Credit: AFP)

A surge in tech firms helped Tokyo's Nikkei lead most Asian equities higher on Friday as investors headed into the weekend on a broadly positive note, with US rate-cut hopes out-muscling concerns about a government shutdown.

The rally across world markets this year has largely been fuelled by companies ploughing billions of dollars into all things artificial intelligence, and traders not wanting to miss out on the action.

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