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Global Markets Rally: Stocks Surge, Asian Markets Trade Higher

1 min read
Source: Bloomberg
Global Markets Rally: Stocks Surge, Asian Markets Trade Higher
Photo: Bloomberg
TL;DR

Stocks in Asia rose, driven by Taiwan Semiconductor Manufacturing Co.'s positive outlook, boosting hopes for a global recovery in the semiconductor sector. The regional shares gauge saw its best day in over three weeks, with strong gains in semiconductor stocks. Benchmark indexes in Japan, South Korea, and Australia also rose, while TSMC's American depository receipts surged, lifting the company's stock in Taiwan by over 5%.

Topics:businessfinance#asia#finance#global-recovery#semiconductor#stock-market#taiwan-semiconductor-manufacturing-co
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  1. Stock Market Today: Dow, S&P Live Updates for January 19  Bloomberg
  2. Markets in 3 Minutes: Stocks Retain Overall Positive Backdrop  Bloomberg Television
  3. Stock market today: Wall Street climbs to erase almost all its losses for the week so far  WKBN.com
  4. Asian Markets Trade Higher Tracking Overnight Rally On Wall Street; D-Street To Open In The Green?  CNBC-TV18
  5. Asian shares bounce on global tech rally, yen loser of the week  Reuters

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