- Asian equities surged as US stocks rose on confidence over debt-ceiling talks, allowing investors to refocus on interest rate hikes and the stability of the banking sector.
- The Topix index of Asian stocks rose more than 1%, putting it on course for a new 33-yr closing high, marking the index's greatest increase in two weeks. Benchmarks in Australia, Hong Kong, and South Korea advanced as well.
- Tencent fell in Hong Kong after the announcement of its first-quarter results, despite the fact that Nomura stated it would decrease its profit prediction.
- In Asia, US futures were modestly lower after the S&P 500 and Nasdaq 100 closed around the day's highs, gaining more than 1%.
