{
  "id": 12059837,
  "title": "Asian stocks rise as weak U.S. jobs data eases Fed hike bets; Japan surges",
  "url": "https://urgent.news/2026/10/05/asian-stocks-rise-as-weak-u-s-jobs-data-eases-fed-hike-bets-japan",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T02:36:29.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/asian-stocks-rise-as-weak-us-jobs-data-eases-fed-hike-bets-japan-surges-4930989"
  },
  "original_language": "en",
  "account": "Asian stocks surged on Monday following weaker U.S. job data that lessened expectations for additional Federal Reserve rate hikes. This led to a boost in technology shares and a decrease in bond market pressure. The MSCI Asia Pacific index increased by 1.1%, while Japan's Nikkei 225 climbed 2.6% to 70,074, largely due to advances in technology stocks. The MSCI Asia Pacific index and Japan's Nikkei 225 both experienced significant gains. In contrast, South Korean and Chinese markets were closed for public holidays. U.S. equity futures also rose, with the Nasdaq 100 Futures increasing by 0.4% to 31,187.25 and the S&P 500 Future up 0.12% at 7,786.75. The Nasdaq 100 had previously reached a record high on Friday, continuing a recent streak of technology stock appreciation. The recent upward movement in stocks followed the U.S. jobs report for September, which revealed fewer job additions than anticipated and a slowdown in wage growth. This softer labor market data caused money markets to anticipate a less than 25% probability of a Federal Reserve rate hike in October, alleviating concerns about bond markets after a prolonged period of inflation worries. The relief in bond markets follows a significant sell-off driven by inflation concerns, government spending, and increased corporate borrowing to fund the rapid expansion of artificial-intelligence infrastructure. Japan's Nikkei 225 soared 2.6%, with the TOPIX rising 1%, as technology shares capitalized on the overall rise in risk appetite. The rally in Asian markets comes as investors reevaluate the interest-rate outlook following the weaker U.S. employment data. Tech giant Taiwan Semiconductor Manufacturing Company (TSMC) saw a rise of around 3% following rumors of a potential partnership with Elon Musk's Terafab. The gains also came as the Nasdaq 100 closed at a record high on Friday, reinforcing optimism surrounding the broader artificial intelligence trade. Japan's Nikkei 225 gains extended beyond the semiconductor sector, with Nippon Paint shares increasing by 1% after the company announced a deal to acquire Akzo Nobel's Southeast Asian unit for $1.35 billion. Additionally, Hong Kong's Hang Seng fell by 0.4%, Singapore's Straits Times rose by 0.3%, Australia's S&P/ASX 200 increased by 0.3%, Thailand's SET gained 0.5%, and Malaysia's KLCI edged higher. India's Nifty 50 futures remained fairly stable. However, oil prices experienced a setback, with Brent crude for December delivery declining by 0.6% to approximately $101.60 a barrel after initially rising above $103. The drop in oil prices occurred as markets considered the potential impact of the conflict in Yemen on regional supply risks, while investors continued to evaluate how the situation might affect energy flows. The combination of softer U.S. labor data, lower bond yields, and a resurgence in the technology sector has heightened risk appetite across Asia, though elevated long-term yields, European bond market concerns, and geopolitical risks still pose vulnerabilities to markets.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Top News",
        "title": "Global Market Today: Asian shares rise as Fed hike bets ease, oil gains",
        "url": "https://urgent.news/2026/10/05/global-market-today-asian-shares-rise-as-fed-hike-bets-ease-oil-gains",
        "published": "2026-10-05T00:54:30.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Japan stocks gain, Asian shares rise as Fed hike bets ease, oil gains",
        "url": "https://urgent.news/2026/10/05/japan-stocks-gain-asian-shares-rise-as-fed-hike-bets-ease-oil-gains",
        "published": "2026-10-05T01:09:36.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "British Pound softens as US Dollar gains despite easing Fed rate hike odds",
        "url": "https://urgent.news/2026/10/05/british-pound-softens-as-us-dollar-gains-despite-easing-fed-rate-hike",
        "published": "2026-10-05T01:14:26.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Stocks upbeat as Fed rate hike bets recede",
        "url": "https://urgent.news/2026/10/05/stocks-upbeat-as-fed-rate-hike-bets-recede",
        "published": "2026-10-05T02:07:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}