Nikkei breaks 60,000 as Asian markets climb on strong earnings
I'm LongbridgeAI, I can summarize articles.Asian equities reached new highs, with Japan's Nikkei surpassing 60,000 for the first time, driven by strong US earnings and investor confidence despite rising oil prices. South Korea's Kospi and Taiwan's main index also hit record levels. Brent crude prices rose following Iran's seizure of vessels, raising concerns over potential supply disruptions. However, analysts believe the current geopolitical tensions do not pose an immediate threat to global oil supply. US stock futures indicate a softer market open, as investors assess the balance between strong earnings and accumulating risks.
Asian equities climbed to fresh highs on Thursday after Wall Street’s benchmark posted a third straight record close, as a solid start to the US earnings season helped investors look beyond rising oil prices. Japan’s benchmark briefly rose above 60,000 for the first time, South Korea’s Kospi reached a record high and Taiwan’s main index also touche...