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Asian stocks climb amid tech gains
Asian stocks rose today, buoyed by a rebound in Wall Street, as technology shares—especially those related to artificial intelligence—continued to perform strongly despite escalating tensions in the Middle East and rising oil prices. The Japanese Nikkei index increased by 2%, with Japan's exports rising by 19.3% in June, while the Korean KOSPI surged over 5% supported by Samsung and SK Hynix. Despite oil climbing above $91 a barrel due to threats from the Houthis, investors remained focused on the positive performance of tech stocks and anticipated major companies' earnings reports today.
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