EconomyAsia shares surge on tech mood swing, oil retreats
Asian stock markets rose sharply on Wednesday as strong corporate earnings and a renewed appetite for technology helped Wall Street reach record highs. At the same time, hopes that progress could be made toward reopening the Strait of Hormuz weighed on oil prices and bond yields. The market moves reflected both enthusiasm for technology demand and optimism over the strategic waterway.
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Reuters★★★★☆2026-08-05 02:30Original
Asia shares surge on tech mood swing, oil retreats
Economy