[MARKET UPDATE] Asia-Pac stocks take impetus from the mostly positive lead from Wall St, where markets gradually brushed aside the firmer-than-expected PPI data and rebounded amid strength in tech and comms, while all focus turns to the Trump-Xi summit

The positive performance of Asia-Pacific stocks reflects a strong follow-through from Wall Street, where traders largely discounted the firmer-than-expected PPI numbers.

Newsquawk StaffPublished 14 May 2026, 00:23 UTCOn the live feed at 00:03 UTC — 3 more headlines followed before this page went public

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00:21

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00:03

[MARKET UPDATE] Asia-Pac stocks take impetus from the mostly positive lead from Wall St, where markets gradually brushed aside the firmer-than-expected PPI data and rebounded amid strength in tech and comms, while all focus turns to the Trump-Xi summit

23:58

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Context

This indicates that despite inflationary pressures, investor sentiment remains buoyant, especially in tech and communications sectors. All eyes are now on the upcoming Trump-Xi summit, which could introduce further market volatility depending on the outcomes discussed.

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