{
  "id": 19424642,
  "title": "Global Market Today: Asian stocks rise on CoreWeave results, bonds drop",
  "url": "https://urgent.news/2026/11/11/global-market-today-asian-stocks-rise-on-coreweave-results-bonds-drop",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T00:53:06.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/us-stocks/news/global-market-today-asian-stocks-rise-on-coreweave-results-bonds-drop/articleshow/135721939.cms"
  },
  "original_language": "en",
  "account": "Asian stocks experienced a rise in early trading, buoyed by better-than-expected earnings from CoreWeave Inc. The positive results eased concerns over the outlook for the artificial intelligence sector, helping to counter a Wall Street sell-off driven by higher-than-anticipated US inflation. Japan's Nikkei 225 index rose by 0.3%, while South Korea's Kospi index fluctuated between gains and losses, with a broader gauge of Asian shares advancing by 0.2%. Contracts for tech-heavy Nasdaq 100 rose by 0.4% following a drop of 0.6% in the regular trading session. Benchmark government bonds in Australia and New Zealand declined following a sell-off in Treasuries. The dollar remained relatively stable, having risen by 0.5% on Tuesday, while crude oil steadied after two consecutive days of decline.\n\nCoreWeave shares surged approximately 2% in late trading after the company reported quarterly earnings that exceeded analysts' estimates and increased its annual forecast. The favorable results alleviated investor concerns about the debt-laden business suffering a slowdown. There was also attention on news that Anthropic PBC aimed to attain a $1.4 trillion fully diluted market value through its initial public offering.\n\nContrastingly, SoftBank Group Corp. shares in Tokyo fell by 8% after the company reported a ¥1.12 trillion ($7.1 billion) loss in its fiscal second quarter. This loss resulted from the company writing down non-refundable advance payments for its US data-center projects. In the US, the S&P 500 rebounded after snapping back-to-back gains, following consumer prices excluding food and energy rising by 0.3% in October from the previous month, surpassing estimates for a third consecutive month. The overall Consumer Price Index (CPI) increased by 0.4% as the cost of essential goods climbed across the nation.\n\nThe data triggered a sell-off in Treasuries, with short-dated bonds being the most affected. Two-year yields jumped by 17 basis points to 4.73%, the highest level in 19 months. Money markets now anticipate the Federal Reserve to raise interest rates by a quarter point at their upcoming meeting, with a chance of a larger increase. Futures are pricing in about three quarter-point hikes by June.\n\nIn response to the release of CPI data, Dallas Fed President Lorie Logan suggested that more rapid rate hikes may be necessary this winter to control inflation. This statement followed earlier comments by Governor Christopher Waller that a half-point rate increase in December might be warranted. Lindsay Rosner from Goldman Sachs Asset Management stated, \"The Fed could push for a more-aggressive tightening cycle with CPI continuing to print strong.\" Despite the broader AI jitters and persistent inflation, a December hike is considered the firm base case, and further hikes in 2027 cannot be ruled out.",
  "summary": "Japan’s Nikkei 225 rose as much 0.3%, while South Korea’s Kospi swung between gains and losses. A broader gauge of Asian shares advanced 0.2%. Contracts for tech-heavy Nasdaq 100 rose 0.4% in early Asian after the underlying index dropped 0.6% in regular trading.",
  "key_points": [
    "Asian stocks rise 0.2% on CoreWeave's strong earnings",
    "Tech-heavy Nasdaq 100 contracts up 0.4% after previous drop",
    "US inflation data triggers bond sell-off, yields rise 17 basis points"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}