This content was published on <\/p>\n
July 6, 2026 – 02:43\n<\/p>\n
(Bloomberg) \u2014 Asian shares advanced and US equity-index futures held onto Friday\u2019s gains as technology stocks extended their rebound. Oil edged lower.<\/p>\n
MSCI\u2019s Asia Pacific Index climbed 0.3%, with more than two shares rising for every one that declined. South Korean shares led regional gains, with the nation\u2019s benchmark Kospi index climbing 1.8%.<\/p>\n
Sentiment toward chipmakers remained robust with Nvidia Inc.\u2019s server assembly partner Hon Hai Precision Industry Co. reporting stronger-than-expected sales. SK Hynix Inc. shares rose 1.4% ahead of this week\u2019s listing of $29 billion American depositary receipts. Samsung Electronics Co. jumped 4% after a report said the company\u2019s considering increasing some chip prices.<\/p>\n
Oil slipped as energy flows through the Strait of Hormuz persisted and OPEC+ signaled higher supplies. Brent slipped 0.7% to $71.65 a barrel as shipping through the US-protected corridor in the waterway showed signs of recovering. OPEC+ members also backed another modest rise in collective quotas for next month. The dollar and Treasuries were little changed in early trading.<\/p>\n
Markets entered the second half of the year on a cautious footing as investors weigh the fallout from the Iran war\u2019s energy shock and whether the AI-driven rally can be sustained. Following last week\u2019s recovery from a two-day rout in chipmakers, attention has shifted to earnings season for signs that massive spending on artificial intelligence infrastructure is translating into profits.<\/p>\n
\u201cTech stocks and tech-heavy indices in the US and Asia have entered a period of consolidation ahead of the Q2 earnings season,\u201d said Tony Sycamore, an analyst at IG Markets in Sydney.<\/p>\n
Tech stocks remain in focus after losses last week in the US were fueled by concerns that the AI-driven rally had run ahead of itself. Sentiment appeared to stabilize with equity-index futures for Wall Street gauges holding their gains from Friday, when the US markets were shut for a holiday.<\/p>\n
Futures for the S&P 500 Index rose 0.5%, while those for the Nasdaq 100 climbed 1.2%.<\/p>\n
In other corners of the market, gold gave up its initial gains to trade around $4,175 an ounce. Silver rose 0.4% to about $62.74 an ounce.<\/p>\n
Meanwhile, Goldman Sachs Group Inc. revised its yen forecast to 165 per dollar in a year\u2019s time from 155 previously. The Japanese currency traded at 161.54 per dollar in early Asian trading.<\/p>\n
\u201cThe broader macro backdrop of higher-for-longer US yields, low recession risk, lingering fiscal concerns, and only gradual BOJ hikes strongly argues for continued depreciation pressure on the currency,\u201d Goldman Sachs strategists including Kamakshya Trivedi wrote in a note.<\/p>\n
The won was also in focus. The Korean currency was little changed after rebounding late Friday from its weakest level against the dollar since 2009 after a person familiar with the matter said the nation\u2019s officials were preparing for currency flows related to SK Hynix\u2019s ADR offering.<\/p>\n
The move to 24-hour trading for the currency is the centerpiece of Seoul\u2019s years-long push to improve foreign investors\u2019 access to local markets and bolster the case for an upgrade to MSCI Inc.\u2019s developed-market index.<\/p>\n
Treasuries were steady as cash trading resumed following Friday\u2019s holiday. The US sovereign debt market faces a test of investor demand for longer maturities this week, with auctions of 10- and 30-year Treasuries highlighting an otherwise light week for economic events.<\/p>\n
The auctions come as minutes from the Fed\u2019s June meeting will be closely parsed after Chair Kevin Warsh tempered his hawkish inflation stance last week. Traders trimmed expectations that a hike was imminent following softer-than-expected jobs data and Warsh\u2019s comment that inflation pressures had eased.<\/p>\n
Corporate News:<\/p>\n
Nvidia Corp.\u2019s server assembly partner Hon Hai Precision Industry Co. reported a bigger-than-expected 40% jump in quarterly sales and said AI demand is growing further. Samsung Electronics Co. plans to raise average third-quarter DRAM prices by about 20% from the previous three months and has verbally notified some customers, China Business News reported on Saturday, citing unidentified people familiar with the matter. Some of the main moves in markets:<\/p>\n
Stocks<\/p>\n
S&P 500 futures rose 0.5% as of 9:41 a.m. Tokyo time Hang Seng futures fell 0.2% Nikkei 225 futures (OSE) fell 0.2% Japan\u2019s Topix rose 0.8% Australia\u2019s S&P\/ASX 200 was little changed Euro Stoxx 50 futures were little changed Currencies<\/p>\n
The Bloomberg Dollar Spot Index was little changed The euro was little changed at $1.1440 The Japanese yen fell 0.1% to 161.53 per dollar The offshore yuan was little changed at 6.7840 per dollar Cryptocurrencies<\/p>\n
Bitcoin rose 1.4% to $63,570.06 Ether rose 0.5% to $1,784.99 Bonds<\/p>\n
The yield on 10-year Treasuries declined one basis point to 4.47% Japan\u2019s 10-year yield advanced 1.5 basis points to 2.795% Australia\u2019s 10-year yield was little changed at 4.79% Commodities<\/p>\n
West Texas Intermediate crude fell 0.5% to $68.33 a barrel Spot gold rose 0.2% to $4,184.99 an ounce This story was produced with the assistance of Bloomberg Automation.<\/p>\n
\u2013With assistance from Matthew Burgess.<\/p>\n
\u00a92026 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"This content was published on July 6, 2026 – 02:43 (Bloomberg) \u2014 Asian shares advanced and US equity-index…\n","protected":false},"author":2,"featured_media":527131,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[6144,42,43,6145,40,38,41,39],"class_list":["post-527130","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-business-general","tag-headlines","tag-news","tag-ticker","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/527130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=527130"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/527130\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/527131"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=527130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=527130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=527130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}