Asian Stocks Rise on Tech Rally, Set for Best Quarter in 17 Years
Asian stocks rallied on Wednesday, driven by technology shares, putting the region on track for its strongest quarterly performance in 17 years. Global equities also head for their best quarter in nearly six years, as investors eye US-Iran peace talks and US jobs data.
Asian equities advanced, led by a surge in technology stocks, positioning the region for its best quarterly performance in 17 years. Global stock markets are similarly poised for their strongest quarter in nearly six years.
Investor attention remains fixed on US-Iran peace negotiations and upcoming US jobs data. Meanwhile, the Japanese yen weakened to its lowest level against the US dollar since 1986, raising expectations of possible official intervention by Japanese authorities.
Source: First Squawk