Nikkei at record as Asia stocks ride Wall Street rally and China GDP beats
TL;DR
Asian equities rose after Wall Street closed at new highs, with Japan’s Nikkei 225 jumping about 2.6% to a record 59,624 and Korea’s KOSPI also higher. China beat expectations with Q1 GDP up 5.0% and March industrial production up 5.7% (retail sales +1.7%), signaling resilient growth despite domestic demand mixed signals. Sentiment was aided by hopes for progress in U.S.–Iran diplomacy and AI-related optimism, while Australia’s job data showed unemployment steady at 4.3% amid ongoing hiring strength.
- Asia stocks climb tracking Wall St rally; Nikkei hits record high, China GDP beats Investing.com
- Stocks back to record-setting ways on Middle East truce hopes Reuters
- Asian stocks mostly higher after Wall Street hits record and oil rises AP News
- Japan's Nikkei 225 hits record high as hopes for U.S.-Iran deal fuel broader rally in Asia stocks CNBC
- Japan’s Nikkei 225 Set for Record Close, Erasing Iran War Losses Bloomberg.com
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