Original title: Asian Stocks Edge Higher, Treasury Curve Steepens: Markets Wrap
Asian stocks posted modest gains at the open Tuesday, with attention back on technology shares and the artificial intelligence sector following the surge in Alibaba Group Holding Ltd.’s shares. Shares in Japan and South Korea rebounded after Monday’s losses while Australia’s declined. Gold extended its gains to a sixth day, its longest winning streak since April 2024. Oil edged up.