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Asian Markets Surge as Nvidia Lifts Wall Street Records and AI Trade Powers Risk-On Momentum
Economy
Published on 15 May 2026
MSCI Asia Pacific eyes a rare sixth weekly gain
Asian stocks rose in lockstep with Wall Street’s record highs, fueled by an AI-led rally and signs the US consumer remains resilient. Japan, South Korea and Australia advanced, lifting the MSCI Asia Pacific Index toward a sixth straight weekly gain. In the US, Nvidia’s six-day surge supported the Nasdaq trade, while strong earnings expectations and upbeat retail sales data helped investors look past risks from oil above $100 and rising inflation pressures.
- MSCI Asia Pacific is on course for a sixth consecutive weekly rise
- Japan, South Korea and Australia led the gains in Asian trading
- Nvidia’s six-day rally helped lift US markets toward records
- Brent crude rose 0.7% to about $106 per barrel
- US retail sales rose for a third straight month, citing consumer resilience
- Two-year yields hit 4.03% while 10-year yields rose to 4.49%
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times