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Asian Markets Rally Following Wall Street Recovery; Tech Stocks Lead Gains

Asian Markets Rally Following Wall Street Recovery; Tech Stocks Lead Gains

Author:

Global Cryptocurrency

Published:

2025-11-06 12:53:02

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BTCCSquare news:

Asian equities surged in tandem with Wall Street's rebound, led by Japan's Nikkei 225 climbing 1.5% to 50,959.14. Nissan Motor gained 1.3% ahead of earnings after announcing asset sales, while Hong Kong's Hang Seng jumped 1.6%. The regional advance mirrored U.S. tech-driven gains where Alphabet ROSE 2.4% and Meta Platforms added 1.4%, lifting the S&P 500 0.4% higher.

Not all newcomers fared well—self-driving car firms Pony.ai and WeRide plunged 13% and 13.7% respectively in Hong Kong debuts. The broad-based rally underscores renewed risk appetite, though sectoral divergences persist as investors weigh growth prospects against valuation concerns.

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