Tokyo Opens Higher as Nikkei Surges, Silver and Oil Lead a Broad Risk Rally Across Asia-Pacific
Executive summary: Tokyo and Asia-Pacific markets opened with a strong risk-on tone, led by a sharp jump in the Nikkei 225 and gains across Hong Kong, Seoul and Australian equities. Commodities were mixed but broadly firmer, with silver, WTI crude, gold and natural gas all higher, while the yen and yuan both strengthened against the dollar. The move points to a session shaped by commodity strength, currency shifts and renewed appetite for cyclical assets, especially autos and Japanese equities. [Continue Reading]
Wall Street closes sharply higher as AI chips, Tesla and megacap tech power broad rally, oil and gold also firm
Executive summary: Wall Street finished higher across major benchmarks, led by a powerful surge in AI and chip shares, with the Nasdaq Composite up +4.8% and the S&P 500 rising +2.9%. The move came alongside gains in Tesla, Nvidia and Apple, while energy, gold and crude also advanced. Financials and some large internet names lagged, showing the rally was broad but not uniform. [Continue Reading]
Wall Street Opens Higher as AI Chips, Tech and Commodities Power Broad Risk-On Move
Executive summary: U.S. markets opened sharply higher, led by a powerful rebound in AI and chip stocks, a strong tech bid and gains across several cyclical and commodity-linked areas. The Nasdaq Composite, S&P 500 and Dow Jones all advanced, while energy lagged as crude rose but energy equities fell. The move appears tied to a risk-on tone, firmer oil and metals, and renewed enthusiasm for growth and AI exposure. [Continue Reading]
China adviser says Beijing-Moscow ties can withstand US containment efforts
A senior Chinese policy adviser has said China-Russia relations have enough internal stability to withstand any attempt by Washington to drive a wedge between the two countries.He made the comments at a panel discussion in Hong Kong on Wednesday.The adviser, Wu, described the relationship as flexible and lacking formal disciplinary constraints, but said it had developed into a stable mechanism.He said Beijing and Moscow each take what they need from the partnership.Wu said the two countries have more than 60,000 institutionalised communication channels, which he described as blood vessels linking government, parliamentary, civil society and industry contacts.He said these links... [Continue Reading]
360LiveNews | 08 May 2026 14:06 LONDON
