Stock Market Today: Dow, S&P Live Updates for May 22
Bloomberg.com • • general
Key Points:
- Asian stocks increased for the second consecutive day, aiming for a weekly gain driven by investor interest in companies linked to artificial intelligence development.
- The MSCI Asian equities index rose by 1%, with Japan's Nikkei index leading regional gains with a 2.7% increase.
- SoftBank Group Corp. surged 11% in Tokyo, boosted by positive performance in US-listed shares of its chipmaking unit, Arm Holdings Plc.
- Lenovo Group Ltd. reached a 26-year high in Hong Kong after reporting strong growth in AI-related earnings.