Asian equities rose Friday, led by a rebound in semiconductor stocks, as investors eased concerns over Nvidia’s revenue outlook.
The MSCI Asia Pacific index climbed 0.7%, with gains in Australia, Japan, and South Korea offsetting declines in Hong Kong and China.
The dollar extended its winning streak to an eighth week, pressuring Asian currencies, while geopolitical tensions in Ukraine added to market volatility.
Meanwhile, Bitcoin reached a record high above $99,000, fueled by optimism over crypto-friendly policies under President-elect Trump.
Treasury yields dipped, and oil and gold prices rose amid ongoing geopolitical uncertainty.