Asian markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, primarily boosted by substantial strength among technology stocks, which mirrored their peers on the tech-heavy Nasdaq as concerns eased over AI-related disruptions. Energy stocks also led the charge as oil prices surged. Asian markets closed mostly higher on Wednesday.
Trading volumes were light, with markets in China, Hong Kong and Taiwan remaining closed for the Lunar New Year holidays.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.