Global Market Today: Asian stocks rise after US tech gains, yen steady

Asian stocks rose with the MSCI Asia Pacific Index gaining 0.3%, following a tech-led rally in US markets where the S&P 500 climbed 0.8% and the Nasdaq 100 surged 1.7%, with semiconductor stocks up nearly 4%. Brent crude edged 0.7% higher to around $73.50 per barrel while gold steadied around $4,010 an ounce, and the yen traded near 162.65 per dollar after touching a 40-year low. The Federal Reserve kept rates steady, but officials like Cleveland Fed President Beth Hammack hinted at possible hikes to tame inflation, while resilient US consumer spending and steady job openings supported investor confidence.