Asian shares are mostly higher ahead of a key US jobs report
Asian shares were mostly higher ahead of a U.S. government jobs report, with the Nikkei 225 Index shedding 1.8% due to speculations that the Bank of Japan might end its negative interest rate policy. In contrast, markets like Hong Kong’s Hang Seng, Shanghai Composite, Seoul’s Kospi, and India’s Sensex all posted gains. Big Tech stocks, including Alphabet, Apple, Amazon, and Nvidia, powered Wall Street’s rise, with Alphabet gaining over 55% for the year after announcing its Gemini AI model. Meanwhile, JetBlue Airways stocks climbed 15.2% after improving its Q4 outlook, and oil prices rose after recent declines.
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