Asian stocks rise, tech rebound; Chinese markets lag

From Investing.com: 2024-07-22 22:50:54

Most Asian stocks rose on Tuesday, with tech stocks rebounding, while Chinese markets lagged. U.S. stock futures remained weak amid election uncertainty. Japan’s Nikkei rose 0.2%, Taiwan’s TSMC shares surged 2.7%, and South Korea’s KOSPI added 0.3%. Australia’s ASX gained 0.7%, and India’s Nifty futures were positive. Chinese stocks fell, with the Shanghai Composite and Shenzhen Composite down 0.8% and 0.5%, respectively. Trump fears and economic uncertainty weighed on Chinese markets despite an interest rate cut. Investors awaited earnings reports from tech giants like Alphabet and Tesla.



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