Asia shares surge on tech mood swing, oil retreats

Asian stock markets jumped on Wednesday as strong earnings and a resurgence ​of demand for tech lifted Wall Street to record peaks, while hopes for progress on opening the ‌Strait of Hormuz dragged on oil prices and bond yields.

Aug 5, 2026 - 10:00
 0  14
Asia shares surge on tech mood swing, oil retreats
Asian stock markets jumped on Wednesday as strong earnings and a resurgence ​of demand for tech lifted Wall Street to record peaks, while hopes for progress on opening the ‌Strait of Hormuz dragged on oil prices and bond yields.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow