Copyright Bloomberg
Asian stocks were poised to rebound Thursday, following Wall Street’s lead, where buyers stepped in after a brief retreat in technology shares and signs of a resilient US labor market boosted investor sentiment. Equity-index futures for Japanese, Hong Kong and Australian benchmarks all pointed to gains at the open. The tech-heavy Nasdaq 100 Index gained 0.7% and the S&P 500 rose 0.4% on Wednesday following a selloff. Gold rebounded and Bitcoin rallied, while Treasuries slipped and the dollar wavered.
