Tech stocks rebound in Asia as DeepSeek worries ease
TOKYO/BOSTON - Technology stocks led gains in Asia-Pacific markets on Wednesday, tracking advances on Wall Street overnight as investor angst ebbed over the emergence of a low-cost Chinese AI model that some see rivalling US dominance of the industry.
Japan's Nikkei share average rose 0.5% as of 0055 GMT, putting it on track to snap three straight days of declines.Futures for the US S&P 500 and Nasdaq Composite were each down about 0.1%, following respective rallies of 0.9% and 2% for the cash indexes overnight. US stocks ended higher on Tuesday, with Nvidia and other AI-related shares recovering from sharp losses a day earlier.
The dollar index , which measures the currency against six major rivals, was flat at 107.91 following two days of consecutive 0.2% advances. It ended last week with a 0.6% tumble, as traders judged Trump's tariffs would be milder than expected following threats of huge levies during the election.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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