Asian stocks rally on US tech surge and oil slump
South Korea’s Kospi led gains with a jump of more than 5% as regional markets followed US benchmarks higher.
South Korea’s Kospi led gains with a jump of more than 5% as regional markets followed US benchmarks higher. Published 2026-11-10 by Falling Shares.
| By Falling Shares Intelligence, edited by Wung Thomas, Editor-in-Chief
Written by Falling Shares Intelligence, our automated newsroom, from the public sources listed below and live market data. Every figure is checked against that material before publication, but the story has not been reviewed by a human editor. Check the linked sources before relying on it, and report errors to info@fallingshares.com.
South Korea’s Kospi Index jumped more than 5% in early trading on Tuesday, leading a broad rally across Asian equity markets. Japan’s Nikkei 225 rose nearly 3% as investors reacted to a surge in US technology stocks and a slump in oil prices.
Regional indices post gains
A broader gauge of Asian shares advanced 1.5% during the session, reflecting widespread optimism among regional investors. The gains followed higher futures for US benchmarks, which set a positive tone for trading in Asia.
South Korea’s benchmark index posted the strongest performance, while Japan’s major index also recorded significant gains. The moves came as global markets digested overnight developments in the United States.
US tech and oil drive sentiment
The rally was driven by a surge in US technology stocks and a decline in oil prices, according to reports from The Economic Times and MSN. These factors contributed to improved risk appetite across Asian markets.
Futures for US benchmarks edged higher, providing additional support for equity trading in the region. The combination of strong tech performance and lower energy costs appeared to boost investor confidence.