Asian Markets Rise, Following Wall Street's Nvidia-Driven Surge
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Asian Shares Surge on Nvidia-Led Wall Street Rally; Middle East Tensions Rise
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News18•19-02-2026, 11:00
Asian Shares Surge on Nvidia-Led Wall Street Rally; Middle East Tensions Rise
•Asian markets advanced, mirroring a Wall Street rally driven by Nvidia's strong performance.
•Nvidia's stock climbed 1.6% after Meta Platforms announced a partnership to use its AI chips, making Nvidia the most valuable company on Wall Street.
•US futures edged lower and oil prices rose amid concerns over potential US military action against Iran and escalating Middle East conflict.
•European markets, including London's FTSE 100, gained on expectations of a Bank of England interest rate cut.
•Strong US economic data, including industrial production and manufacturing orders, pushed Treasury yields higher, potentially influencing the Federal Reserve's interest rate decisions.