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Asian stocks climb as tech sector stages a recovery
Asian shares advanced on Monday, led by a strong rebound in technology and AI-related stocks after a recent slump. South Korea’s Kospi surged 3.5% to lead the gains.
Asian markets rose on Monday, led by a recovery in technology shares that stabilized after recent sell-offs.
South Korea’s Kospi surged 3.5%, powered by chipmakers like SK Hynix. Japan’s Nikkei 225 also gained 1.2%, boosted by AI-related firms such as Tokyo Electron. Other regional indexes in Hong Kong, Australia, and Taiwan also advanced.
This rebound follows a shaky week on Wall Street, where the tech-heavy Nasdaq fell for the first time in four weeks. Major U.S. tech stocks like Alphabet and Broadcom declined, dragging the market.
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Investors are closely watching corporate earnings for signs that high stock valuations are justified. While companies like Expedia saw big jumps on strong results, others like Block fell short of forecasts.
Economic uncertainty persists as a prolonged U.S. government shutdown continues to delay key data on inflation and employment, leaving the Federal Reserve with less information for its future interest rate decisions.
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Last update: Nov 10, 2025