Asian markets opened the week higher as tech shares rebounded from last week’s AI-related volatility. Here’s a quick roundup:

• South Korea’s Kospi jumped 3.5%, led by SK Hynix up 5.5% and Samsung Electronics up 2.4%, both benefiting from AI optimism.
• Japan’s Nikkei 225 gained 1.2% to 50,897.20, supported by strong performance in AI-linked stocks like Tokyo Electron, which surged 4.7%.
• Hong Kong’s Hang Seng rose 0.8%, while the Shanghai Composite was flat at 2,630.42.
• Australia’s ASX 200 increased 0.7%, Taiwan’s Taiex added 1.2%, and India’s Sensex climbed 0.5%.
• On Wall Street, the S&P 500 edged up 0.1%, Dow Jones rose 0.2%, while the Nasdaq slipped 0.2% after recovering from a larger drop.
• The Fed’s cautious stance on interest rate cuts continues as inflation remains above target and key U.S. data releases are delayed due to the government shutdown.
• Oil prices rose modestly, with Brent at $64.12 per barrel and WTI at $60.29. The U.S. dollar strengthened slightly against the yen and euro.

What’s Next?:
The rebound in Asian tech shares shows strong underlying demand for AI-related growth, but with limited U.S. data and uncertainty around Fed policy, this recovery could be fragile. Market confidence will depend on how well investors can look past short-term noise in the coming weeks