📰 ET Markets ⚪ NEUTRAL 🕒 16 Oct 2026, 06:40 AM IST

Global Market Today: Asian stocks advance as selloff in chips eases

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Global Market Today: Asian stocks advance as selloff in chips eases

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Market & Financial Impact: The MSCI Asia Pacific Index advanced 0.6%, led by stocks in South Korea. Chip stocks rose with Samsung Electronics Co. and SK Hynix Inc. both edging higher. Earlier, the S&P 500 erased losses and edged up to close 0.3% higher on Thursday.

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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

A tone of caution prevailed as contracts for US benchmarks edged lower in early Asian trading.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

Global Market Today: Asian stocks advance as selloff in chips eases

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