Asian markets mostly gained in early trading Thursday, after tech stocks led a rally on Wall Street.
Japan’s Nikkei 225 /zigman2/quotes/210597971/delayed JP:NIK +0.18% rose 1.9% while Hong Kong’s Hang Seng index /zigman2/quotes/210598030/delayed HK:HSI -2.06% slipped 0.1%. The Shanghai Composite /zigman2/quotes/210598127/delayed CN:SHCOMP -0.63% was about flat, as was the smaller-cap Shenzhen Composite /zigman2/quotes/210598015/delayed CN:399106 -0.52% . South Korea’s Kospi /zigman2/quotes/210598069/delayed KR:180721 -0.95% rose 0.7% and benchmark indexes in Taiwan /zigman2/quotes/210597977/delayed TW:Y9999 -0.63% , Singapore /zigman2/quotes/210597985/delayed SG:STI -0.48% and Indonesia /zigman2/quotes/210597981/delayed ID:JAKIDX -1.18% were mostly higher. Australia’s S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO -0.71% fell 0.7%.
On Wednesday, tech shares resumed their rally in the U.S. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -3.08% rose 289.93 points, or 1.1%, to close at 27,976.84. The S&P 500 /zigman2/quotes/210599714/realtime SPX -2.54% added 44.66 points, or 1.4%, finishing at 3,380.35, after briefly trading above its all-time closing high of 3,386.15 set Feb. 19. The Nasdaq Composite /zigman2/quotes/210598365/realtime COMP -1.77% climbed 229.42 points, or 2.1%, to close at 11,012.24.