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Asian Stocks Set to Rise as Wall Street Rebounds, But Nvidia Reaction Tests AI Sentiment

KUALA LUMPUR, 21 May 2026 – Asian equities are set for a firmer open after Wall Street rebounded from a three-day decline, supported by a more constructive outlook for US-Iran talks and renewed buying in risk assets, although Nvidia’s volatile post-results trading kept investors cautious over the artificial intelligence rally.

Equity-index futures for Australia, Japan and South Korea pointed higher after the S&P 500 advanced 1.1% and the Nasdaq 100 gained 1.7% in the US session. The recovery reflected improving sentiment after recent pressure from inflation concerns, higher oil prices and geopolitical risk. Bloomberg reported that US stock gains were supported by optimism around the direction of US-Iran negotiations, even as Nvidia shares whipsawed after its latest sales forecast.

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  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.

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