Asian equities extend winning streak to six sessions on AI enthusiasm

  • Asian equities extended their gains for a sixth consecutive session on Wednesday.
  • Artificial intelligence enthusiasm and lower crude prices powered the advance.
  • The rally followed a record close for the Nasdaq amid improved Middle East supply signals.

Asian equities rose for a sixth consecutive session on Wednesday, supported by sustained enthusiasm for artificial intelligence applications and a decline in crude prices. More constructive signals about Middle East supply helped reinforce the rally, which followed a record close for the Nasdaq.

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