Asian markets track Wall St record after Fed cut
Summary
Asian stock markets rose following a record day on Wall Street after the Federal Reserve's interest rate cut, despite concerns over tech valuations and mixed earnings from Oracle and Broadcom.
Key Points
- Asian equities rose following the Federal Reserve's interest rate cut and Wall Street record gains.
- Concerns persist around tech valuations amid disappointing earnings from Oracle and Broadcom.
- The US jobs data next week is awaited for insights into future Federal Reserve actions.
- Investors are cautious about an AI-led rally possibly inflating a tech bubble.
