Landscape of Songdo International City. Incheon, South Korea.<\/p>\n
Photograph By Kangheewan. | Moment | Getty Images<\/p>\n
Asia-Pacific markets rose Wednesday after Wall Street rose on the back of a tech rally, led by chipmaker Nvidia<\/a>.<\/p>\n Shares in the artificial intelligence darling advanced nearly 3%, extending Monday’s gains and driving Nvidia’s market-cap past Microsoft<\/a>‘s\u00a0for the first time since January. Chip companies Broadcom and<\/a> and\u00a0Micron Technology<\/a>\u00a0rose more than 3% and 4%, respectively.<\/p>\n South Korean markets led gains in the region, resuming trade after opposition party leader Lee Jae-myung was elected president<\/a>.<\/p>\n The\u00a0Kospi<\/a>\u00a0index popped 1.57% to hit a 10-month high,\u00a0while the small-cap Kosdaq advanced 1.06%.<\/p>\n Over in Japan, the benchmark Nikkei 225<\/a> started the day 0.83% higher, while the broader Topix index moved up 0.47%.<\/p>\n Australia’s\u00a0S&P\/ASX 200<\/a> added 0.54% in early trade. Economists polled by Reuters expect the country’s GDP for the first-quarter of 2025 \u2014 due later in the day \u2014 to rise 1.5% year on year, from 1.3% in the previous quarter.<\/p>\n Futures for Hong Kong’s Hang Seng index<\/a> stood at 23,397, pointing to a weaker open compared to the HSI’s last close of 23,512.49.<\/p>\n U.S. futures<\/a> were little changed after Wall Street rose on a tech rally and a better-than-expected jobs report showing that the U.S.’ labor market is holding up despite concerns of risks stemming from tariffs.<\/p>\n Overnight stateside<\/a>, the broad-based S&P 500 index<\/a> added 0.58% to close at 5,970.37, while the\u00a0Dow Jones Industrial Average<\/a>\u00a0gained 214.16 points, or 0.51%, ending at 42,519.64. The\u00a0Nasdaq Composite<\/a>\u00a0climbed 0.81% and settled at 19,398.96.<\/p>\n \u2014 CNBC’s Lisa Kailai Han and Sean Conlon contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Landscape of Songdo International City. Incheon, South Korea. Photograph By Kangheewan. | Moment | Getty Images Asia-Pacific markets…\n","protected":false},"author":2,"featured_media":156142,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[21351,15193,186,21344,21350,4959,51,3085,7989,10294,4750,21346,21342,21347,2441,3742,21349,8572,16678,3741,21348,10741,21341,16,15,21345,2726,21343],"class_list":{"0":"post-156141","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-arm-holdings-plc","9":"tag-asia-economy","10":"tag-australia","11":"tag-australian-dollar-us-dollar-fx-spot-rate","12":"tag-breaking-news-asia","13":"tag-breaking-news-markets","14":"tag-business","15":"tag-business-news","16":"tag-dow-jones-industrial-average","17":"tag-dxy-us-dollar-currency-index","18":"tag-economic-events","19":"tag-hang-seng-index","20":"tag-ice-brent-crude-apr23","21":"tag-kospi-index","22":"tag-markets","23":"tag-nasdaq-composite","24":"tag-nikkei-225-index","25":"tag-nvidia-corp","26":"tag-prices","27":"tag-sp-500-index","28":"tag-sp-asx-200","29":"tag-shanghai","30":"tag-shenzhen-component-index","31":"tag-uk","32":"tag-united-kingdom","33":"tag-usd-jpy","34":"tag-world-markets","35":"tag-wti-crude-mar23"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114622295099748978","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/156141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=156141"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/156141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/156142"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=156141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=156141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=156141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}