Tech rebound lifts Asia stocks as AI fears ease
TL;DR
Asian equities rose with Japan’s Nikkei 225 up about 1.1% and TOPIX up 1.4% as tech shares recovered from recent losses, while Australia modestly climbed and India’s markets were little changed amid Lunar New Year holiday closures limiting volume. Investors weighed AI-related concerns against a milder tech rally, with U.S. futures largely flat ahead of Fed January minutes and Friday’s PCE inflation data. China, Korea, Hong Kong, and Singapore remained closed for the Lunar New Year, keeping broader activity subdued.
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- Asia Set for Positive Open After Choppy US Session: Markets Wrap Bloomberg
- Asia markets make cautious start, oil rises on U.S.-Iran talks CNBC
- World shares mostly advance and Japan falls ahead of Lunar New Year holidays Yahoo Finance
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