Market AnalysisAugust 13 at 08:10 PM

[MARKET UPDATE] Asia-Pac stocks are mostly higher following the gains on Wall St, where the S&P 500 hit a fresh record high and the Nasdaq outperformed on tech strength and after softer PPI data

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Asia-Pacific markets rose following Wall Street's record high, driven by softer US PPI data that lowered rate hike expectations and boosted tech and semiconductor sectors despite some mixed earnings.

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[MARKET UPDATE] Asia-Pac stocks are mostly higher following the gains on Wall St, where the S&P 500 hit a fresh record high and the Nasdaq outperformed on tech strength and after softer PPI data

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[MARKET UPDATE] Asia-Pac stocks are mostly higher following the gains on Wall St, where the S&P 500 hit a fresh record high and the Nasdaq outperformed on tech strength and after softer PPI data

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What do investors think?

Today's market highlights

US Treasury Secretary Bessent says we will implement unprecedented measures on Iran, according to Newsmax

Fed's Goolsbee (2027 voter) says have been getting a little bit better readings on inflation, which he hopes will continue

US President Trump posts "Tonight at 9 PM ET, on ABC News, I will be hosting “The Patriot Games,” an Athletic Competition featuring many great young people from across the Country"