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Asian Stocks Eye Gains as Wall Street Wraps Up Stellar Quarter

By Bernard Lee on July 1, 2026 8:33 am |

Asia Market and Asia News

Singapore, 1 July 2026 – Asian stocks are set to begin the new quarter on a firmer footing after Wall Street closed out one of its strongest quarters in years, powered by renewed demand for artificial intelligence-linked shares, easing oil prices and improving global risk appetite.

The second-quarter rally has been led by technology and semiconductor stocks, with investors returning aggressively to companies linked to AI infrastructure, advanced chips, cloud computing and high-performance computing. The Nasdaq gained more than 21% during the quarter, while the S&P 500 also recorded its strongest quarterly performance since 2020.

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Author

  • Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.

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