Stock Market LIVE: GIFT Nifty signals gap-up open ahead of RBI rate decision; Asia markets rise | Markets News
Markets across the Asia-Pacific region advanced following Bessent’s remarks. He said that the US and Iran could reach a deal as soon as Tuesday or Wednesday, which would fully reopen the Strait of Hormuz. Japan’s Nikkei 225 and South Korea’s Kospi were up 3 per cent and 3.3 per cent, respectively.
Overnight, the Dow Jones Industrial Average and the Nasdaq Composite ended 1.71 per cent and 2.59 per cent higher, respectively. The rebound in artificial intelligence (AI)-themed stocks also lifted the S&P 500 to post its first record closing since June. The index ended 1.79 per cent higher at 7,736.49.
Gold futures were up 0.03 per cent and silver futures were trading 0.33 per cent down.
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