Asian Stocks Set to Extend Gains as Tech Rallies: Markets Wrap

AI Summary

Asian stocks are positioned to continue their gains driven by rallies in technology sectors with chipmakers boosting the Nasdaq 100 to a new high. Falling oil prices also contribute positively amid optimism about progress toward resolving the war with Iran.

Asian stocks were poised to extend their winning streak after chipmakers drove the Nasdaq 100 to its first record since June, while falling oil prices provided a further boost amid hopes for progress toward ending the war with Iran.