Asian stocks mixed amid rate cut hopes and AI enthusiasm
TL;DR
Asian stocks are set for weekly gains driven by expectations of Federal Reserve rate cuts, amid a US government shutdown that has had limited market impact. Investors focus on potential monetary easing, with markets also reacting to a strong AI-driven tech sector and a weaker US dollar, while gold remains near record highs as a safe haven.
- Asian stocks poised for weekly gains on rate cut wagers, AI fervour Reuters
- Hitachi shares soar over 9% on partnership with OpenAI CNBC
- Asian Stocks Set to Fall in Break with Wall Street: Markets Wrap Bloomberg.com
- Asian shares are mixed as tech shares lead Wall Street ticks to more records The Hill
- US stocks end at records as government shutdown drags on Yahoo Finance
Want the full story? Read the original reporting
Read on Reuters