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US stocks rally to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen

US stocks rally to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen

U.S. stocks rallied to the finish of a wild July as Amazon leaped, Apple sank and rising oil prices worsened worries about inflation
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South Korea’s Kospi index jumps nearly 18% on a surge in chipmaking stocks

South Korea’s Kospi index jumps nearly 18% on a surge in chipmaking stocks

South Korea’s Kospi index has jumped nearly 18% as artificial intelligence-related stocks bounce back after losses earlier this week
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US stocks bounce back as Microsoft and chip companies lead the way

US stocks bounce back as Microsoft and chip companies lead the way

U.S. stocks are bouncing back after Microsoft leaped on its latest profit report and computer-chip companies clawed back some of their big recent losses
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Oil prices fall, markets bounce back on mixed earnings from US tech giants

Oil prices fall, markets bounce back on mixed earnings from US tech giants

Wall Street was poised for a rebound and oil prices fell modestly even as the U.S. said it had conducted a “heavy wave” of strikes against Iran
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Stocks surge, yen awaits BOJ presser after intervention boost

Stocks surge, yen awaits BOJ presser after intervention boost

By Rae Wee SINGAPORE, July 31 (Reuters) - Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that a recent rout in AI-related stocks had run out of steam.
Reuters Reuters
Asia stocks surge, yen awaits Ueda's presser after intervention boost

Asia stocks surge, yen awaits Ueda's presser after intervention boost

By Rae Wee SINGAPORE, July 31 (Reuters) - Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that a recent selloff in AI-linked assets may be near an end.
Reuters Reuters
Asia stocks surge, yen falls after BOJ holds rates

Asia stocks surge, yen falls after BOJ holds rates

By Rae Wee SINGAPORE, July 31 (Reuters) - Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that the recent selloff in AI-linked assets may be near an end.
Reuters Reuters
Asia stocks surge, yen in the spotlight after suspected intervention

Asia stocks surge, yen in the spotlight after suspected intervention

By Rae Wee SINGAPORE, July 31 (Reuters) - Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that the recent selloff in AI-linked assets may be running out of steam.
Reuters Reuters
Stocks set for weekly gain after tech earnings soothe AI fears, yen retreats

Stocks set for weekly gain after tech earnings soothe AI fears, yen retreats

By Niket Nishant and Rae Wee July 31 (Reuters) - A late-week rally in global shares left them on track for weekly gains after earnings from some U.S. tech giants eased concerns about AI returns, while the yen declined after the Bank of Japan kept interest rates unchanged on Friday.
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South Korea’s Kospi index jumps more than 15% on a surge of chipmaking stocks

South Korea’s Kospi index jumps more than 15% on a surge of chipmaking stocks

South Korea’s Kospi index has jumped more than 15% as artificial intelligence-related stocks bounced back after losses this week
Reuters Reuters
Morning Bid: Yen sinks as BOJ holds - and it's the KOSPI's best day

Morning Bid: Yen sinks as BOJ holds - and it's the KOSPI's best day

A look at the day ahead in European and global markets from Gregor Stuart Hunter What a wild ride. Markets in Asia staged a blistering rally on Friday after the scorching selloff in tech stocks earlier this week, while the yen resumed its descent as the Bank of Japan left interest rates on hold.
Reuters Reuters
Asia stocks surge, yen steals spotlight after suspected intervention

Asia stocks surge, yen steals spotlight after suspected intervention

By Rae Wee SINGAPORE, July 31 (Reuters) - Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that the recent selloff in AI-linked assets may be near an end.