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Asian stocks cautious as tech sector rattled by Oracle
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4 Articles
Stocks rise, tech rattled as Oracle drops
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.7% Stocks rose in early trade on Friday, though a renewed decline in Oracle’s share price sent jitters through the tech sector. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.7%. Nikkei 225 outperformed the region in morning trade, jumping 1% as shares in Softbank Group soared 6%. Meanwhile, U.S. financial markets had to move fast to find their footing this …
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