Asian stock markets made gains despite a decline in technology stocks that contributed to the S&P 500’s worst losing streak of the year on Wall Street.
Meanwhile, oil prices edged higher, with the global benchmark Brent crude trading just above $87 per barrel, recovering from a 3% fall on Wednesday.
Japan’s Nikkei 225 index rose by 0.3% to 38,090.87, while Hong Kong’s Hang Seng index increased by 1.5% to 16,489.59.
The Shanghai Composite index in China was up by 0.6% to 3,089.93. Leading the regional gains, South Korea’s Kospi index jumped by 1.8% to 2,631.15.
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Australia’s S&P/ASX 500 index also saw a rise of 0.6% to 7,651.30.
In the US, the Dow Jones Industrial Average slightly decreased by 0.1% to 37,753.31, the S&P 500 fell by 0.6% to 5,022.21, and the Nasdaq Composite index declined by 1.2% to 15,683.37.
Yields on 10-year US Treasury bonds dropped to 4.58% from 4.66% the previous day.
