Asian Stocks Rebound on Tech Boost and Positive Earnings, Yen Remains Near 34-Year Lows
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#40fa53ea ver:0.51

Asian stocks rebounded on Wednesday, following the positive performance of Wall Street, driven by an after-hours surge in Tesla shares and upbeat earnings from US companies. The MSCI's broadest index of Asia-Pacific shares outside Japan gained 1.55%, recovering from last week's steep selloff. The Nikkei in Japan surged 2%, while China stocks were mixed and Hong Kong's Hang Seng Index added 1.6%. Tesla's announcement of new electric vehicle models during its earnings call led to a 12% surge in its shares during extended trading. The positive sentiment extended to US stocks, with companies like General Motors reporting strong earnings. E-mini futures for the S&P 500 also rose 0.27%. This week's earnings announcements from tech giants such as Meta Platforms, Alphabet, and Microsoft are expect...

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