Asia stocks rise with Japan, S. Korea at record highs; tech gains ahead of Nvidia
#Asian stocks #Record highs #Technology gains #Nvidia earnings #Market performance #AI investments #Inflation data #Trade tariffs
📌 Key Takeaways
- Japan and South Korean stocks hit record highs
- Technology stocks gained ahead of Nvidia earnings
- Australia's ASX 200 reached record despite inflation concerns
- Chinese stocks extended gains post-Lunar New Year
- Hong Kong tech stocks recovered from recent losses
📖 Full Retelling
Asian markets advanced on February 24, 2026, with Japanese and South Korean stocks rallying to record highs driven by strength in technology sectors as investors anticipated earnings from AI bellwether Nvidia following positive cues from Wall Street's overnight session. Japan's Nikkei 225 jumped nearly 2% to a record high of 58,319.0 points, while South Korea's KOSPI rallied over 2% to a record high of 6,122.98 points, with both indexes benefiting from tech sector strength and export-oriented gains amid a weaker yen. In South Korea, Hyundai Motor surged as much as 10% approaching a record high after reports of planned multi-billion-dollar investments, while memory chip giants Samsung Electronics and SK Hynix rose about 2% each to hit record highs ahead of Nvidia's closely watched earnings. Australia's ASX 200 also reached a record high, rising more than 1% to 9,130.30 points, boosted by strong earnings from retail giant Woolworths and gains in major mining stocks, despite hotter-than-expected inflation data that increased the likelihood of further interest rate hikes. Chinese stocks extended their gains after returning from the Lunar New Year holiday on strong footing, with the Shanghai Composite and CSI 300 indexes both rising 1.2%, while Hong Kong's Hang Seng gained 0.8% as local tech names recovered from recent losses, and India's Nifty 50 rose 0.6% with software stocks rebounding from previous declines.
🏷️ Themes
Stock Market Performance, Technology Sector, Regional Economic Indicators, AI Industry Developments
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry AMD stock surges 14% on Meta AI partnership deal Bitcoin slips, wipes out 50% from October record high at session low Wall Street ends higher on tech rebound ahead of State of the Union address Software stocks rebound as Anthropic partnerships ease AI disruption fears (South Africa Philippines Nigeria) Asia stocks rise with Japan, S. Korea at record highs; tech gains ahead of Nvidia By Ambar Warrick Author Ambar Warrick Stock Markets Published 02/24/2026, 11:17 PM Asia stocks rise with Japan, S. Korea at record highs; tech gains ahead of Nvidia 0 AXJO 0.92% JP225 2.60% HK50 0.65% NVDA 0.68% NSEI 0.71% KS11 2.39% SSEC 1.20% CSI300 1.24% Investing.com-- Most Asian stocks advanced on Wednesday with Japanese and South Korean shares rallying to record highs on strength in technology stocks. Australian shares also hit a record high, as strong earnings from index heavyweight Woolworths helped markets rise past hotter-than-expected inflation data for January. Chinese stocks extended their gains after returning from the Lunar New Year holiday on strong footing on Tuesday, while Hong Kong benefited from a recovery in tech. Find out Asia’s top stock picks for 2026 by upgrading to InvestingPro Regional markets took positive cues from Wall Street’s overnight session, as investors questioned just how big an impact AI will have on the software sector. S&P 500 Futures rose 0.1% by 22:14 ET (03:14 GMT), with focus squarely on upcoming earnings from AI bellwether Nvidia. U.S. President Donald Trump’s State of the Union address provided few direct cues for regional markets, although trade tariffs remained a point of uncertainty. Trump claimed that he will proceed with his tariff agenda without Congressional approval, even after the Supreme Court struck down a bulk of his tariff regime. Japan, South Korea at record highs as tech rises ahead of Nvidia Japan’s Nikkei 225 jumped nearly 2% to a record high of 58,319.0 points, while ...
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