Global EconomyEconomic Times•1 min read•10/16/2026 (1h ago)

Global Market Today: Asian stocks advance as selloff in chips eases

Global Market Today: Asian stocks advance as selloff in chips eases
60-Word AI Digest

The MSCI Asia Pacific Index advanced 0.6%, led by stocks in South Korea. Chip stocks rose with Samsung Electronics Co. and SK Hynix Inc. both edging higher. Earlier, the S&P 500 erased losses and edged up to close 0.3% higher on Thursday.

Key Takeaways

  • The MSCI Asia Pacific Index advanced 0.6%, led by stocks in South Korea.
  • Chip stocks rose with Samsung Electronics Co.
  • Earlier, the S&P 500 erased losses and edged up to close 0.3% higher on Thursday.

The MSCI Asia Pacific Index advanced 0.6%, led by stocks in South Korea. Chip stocks rose with Samsung Electronics Co. and SK Hynix Inc. both edging higher. Earlier, the S&P 500 erased losses and edged up to close 0.3% higher on Thursday.

Original Publisher Attribution

This summary was curated from Economic Times.

Read Original on Economic Times
Global Market Today: Asian stocks advance as selloff in chips eases — Loop60