Asian stocks climbed on Wednesday, following Wall Street’s strong performance overnight as investors embraced signs of economic resilience. Japan’s Nikkei advanced 1.2%, while Hong Kong’s Hang Seng gained 0.8%, supported by robust earnings in the tech sector. Bitcoin also edged higher, trading near $37,500, reflecting improved risk appetite in digital assets.
The uptick came as U.S. equity benchmarks rallied on easing rate concerns, with the S&P 500 closing 0.7% higher. Market sentiment improved further after Federal Reserve officials hinted at a pause in rate hikes, boosting confidence across global markets. Investors are now eyeing fresh data from the U.S. and China, looking for clarity on growth trajectories as year-end approaches.
