Asia, US Markets Rally on AI Earnings Boost

Asian equities climbed amid renewed confidence in the tech sector, driven by strong earnings from major AI beneficiaries. The MSCI Asia Pacific Index gained 0.9%, with a positive balance of trades in the index. In South Korea, the Kospi Index rose 3%, led by gains from semiconductor giants SK Hynix and Samsung Electronics. US equity-index futures also advanced, reflecting positive sentiment ahead of the opening bell. The market's reaction highlights the growing influence of AI-driven growth on global financial markets. Analysts note that the sector's resilience is key to sustaining investor confidence in the coming months.