Asian Shares Rise On Optimism About US Economy
From Nasdaq: 2025-06-04 04:42:00
Asian stocks rose on Wednesday as new data showed the U.S. labor market is holding up despite tariff uncertainty. U.S. job openings unexpectedly increased, while the OECD warned of stifled investment. President Trump described Chinese President Xi as tough to deal with, but talks are expected soon. Gold held steady, oil prices remained stable. Chinese and Hong Kong markets gained on trade talk optimism, while Japanese markets rebounded thanks to a weaker yen. Seoul stocks surged on a liberal candidate’s victory, Australian markets rose on weak GDP data. U.S. stocks closed higher on good job openings report.
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