Asian technology shares take the lead
Asian stock markets moved higher on 22 September, with technology companies providing much of the momentum after renewed enthusiasm surrounding artificial intelligence helped lift US technology shares.
The MSCI index covering Asia-Pacific shares outside Japan rose by more than 1% during trading, according to Reuters. Technology-heavy markets including South Korea and Taiwan were among those benefiting from the improved sentiment. Chinese technology shares also attracted attention as investors assessed developments in artificial intelligence and the broader technology sector.
The regional advance followed a strong session on Wall Street, where the Nasdaq reached a record closing high on Monday. Semiconductor and artificial-intelligence-related companies helped drive the gains, while US Treasury yields retreated.


