Asian stock markets experienced a important upswing following a pivotal ruling from a federal court in the United States that annulled several tariffs established during the Trump administration. This decision alleviated longstanding trade concerns that had burdened investor confidence for an extended period. The ruling sparked optimism across major regional indices, with market participants anticipating enhanced supply chain dynamics and a more stable trading environment between the two largest economies globally. Notable gains were observed in key markets such as Japan’s Nikkei 225 and South Korea’s KOSPI, reflecting renewed enthusiasm in export-oriented industries.

Market Performance Highlights

  • Nikkei 225 (Japan): Increased by 2.1%, driven by advancements in technology and manufacturing sectors.
  • KOSPI (South Korea): Rose by 1.8%, propelled by strong performances from semiconductor companies.
  • Hang Seng Index (Hong Kong): Gained 1.5%, supported by robust activity in retail and financial services.
Index Previous Close Current Close % Change
Nikkei 225 28,500 29,100 +2.1%
KOSPI

The surge was further complemented by positive movements in U.S.futures trading after Nvidia reported extraordinary quarterly earnings that exceeded analysts’ expectations significantly, showcasing the ongoing strength of the semiconductor industry. This impressive performance from Nvidia injected fresh energy into…