Asia markets mostly up on heels of Apple, Amazon earnings [Yahoo! Finance]
NISSAN MOTOR LTD S/ADR (NSANY)
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Source: Yahoo! Finance
Asian stock markets mostly rose Friday morning, with a surge in Japanese shares coming after better-than-expected earnings reports from US tech behemoths Apple and Amazon. Investor confidence in artificial intelligence has fuelled a rally in global stock markets this week that saw California-based chip designer Nvidia become the first-ever $5 trillion firm. Rosy sentiment was further boosted by a detente in the US-China trade war, with top leaders agreeing Thursday to walk back punitive measures that had disrupted international supply chains and manufacturing sectors. But that boom showed signs of flagging Thursday, as investors processed comments the previous day by US Federal Reserve Chair Jerome Powell that cast doubt on another interest rate cut in December. The three major Wall Street indices retreated, with the Nasdaq dropping the most at 1.6 percent. After US markets closed, an earnings report released by Apple showed quarterly revenue that beat estimates, powered by
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