Asian stocks ended mostly higher in thin trade on Friday, with markets in South Korea and Taiwan closed for a holiday.
While technology stocks came under selling pressure amid renewed concerns over artificial intelligence (AI) boom and elevated borrowing costs, a retreat in oil prices and U.S. Treasury yields helped spur buying at lower levels.
Gold jumped nearly 1.5 percent toward $4,200 an ounce and the U.S. dollar took a breather as U.S. Treasury yields finally halted their relentless upward trajectory. The 10-year Treasury yield dropped to 5.22 percent after a 30-year debt auction met with solid demand.
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Market Analysis
Asian Shares Rise As Oil Prices And Bond Yields Dip
2026-10-09 08:39:33
