03 Oct 2025 | 5 Mins Read
Asian markets gain on tech-driven US rally
Flipitmoney
Asian stocks advanced at the open with optimism around artificial intelligence, reaching new highs globally. Japan's Hitachi shares rose 8.1%, the S&P 500 increased 0.1%, and the Nasdaq 100 climbed 0.4%. Alibaba Group Holding Ltd jumped 3.6%, boosting Chinese tech shares. Market movement overcame concerns of a US government shutdown and Trump's plan to slash federal jobs.