Stock Market
Seoul shares open at fresh record high near 8,000 milestone
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South Korean stocks opened at a fresh record high on Thursday, moving closer to the historic 8,000 milestone on the benchmark KOSPI index amid strength in large-cap tech shares.
The Dax stands near 24,200 points, almost unchanged since the start of the year. Rising earnings estimates have lowered the benchmark's valuation. Investors wonder if this makes an entry point attractive now.
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Caterpillar shares are trading at elevated multiples amid strong demand for data centers and a record backlog.
Japan's Nikkei 225 Stock Average surged 5.6 percent to close at a record 62,833.84 on optimism about a potential U.S.-Iran agreement.
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South Korean stocks opened at a fresh record high on Thursday, driven by hopes for a US-Iran peace deal and continued gains in chipmakers.
Riot Platforms' shares jumped about 8% on Friday after Advanced Micro Devices doubled its capacity at the company's Rockdale, Texas data center. The expansion highlights Riot's pivot from bitcoin mining to AI infrastructure. The deal is expected to generate roughly $636 million over 10 years.
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India's major stock exchanges, NSE and BSE, are shut for trading today, May 1, 2026, due to the Maharashtra Day holiday. NCDEX is also closed, while MCX plans to resume in the evening session.
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