From Nasdaq: 2025-05-14 04:35:00

Asian stocks had a mixed day as investors reacted to U.S. inflation data and awaited trade updates. Tech stocks surged on news of Nvidia’s AI chip sales to Saudi Arabia. Gold prices dropped due to easing trade tensions, while oil prices fell on rising stockpiles. China’s Shanghai Composite rose, and Hong Kong’s Hang Seng index soared with Tencent and Alibaba leading. Seoul stocks climbed for a third day, and Australian markets ended slightly higher. Macquarie Group shares fell as regulators sued over misreported short sales. U.S. stocks closed higher on trade optimism and lower-than-expected consumer inflation in April.



Read more at Nasdaq: Asian Shares Mixed; Hang Seng Rises Over 2% On Earnings Optimism