Asian markets surge, tech stocks lead powerful rally
Asian stock markets moved higher on Thursday, led by a strong rebound in technology shares, following an overnight recovery on Wall Street after longer-dated U.S. Treasury yields retreated from recent multi-year highs.
August 20, 2026 (MLN): Asian stock markets moved higher on Thursday, led by a strong rebound in technology shares, following an overnight recovery on Wall Street after longer-dated U.S. Treasury yields retreated from recent multi-year highs. South Korea's semiconductor-heavy market recorded the strongest gains, with the Kospi surging 6.19% and the Kosdaq rising 2.16%. SK Hynix jumped nearly 12%, while Samsung Electr...