Asian Stocks gain strength after Wall Street rebound in Thursday trade

Asian stock market rebounded on the fourth day of the business week after tech stocks gained strength struggling for three days.

According to the details, Wall Street’s S&P 500 index ended Wednesday up 2% for its best day in three months.

The Shanghai Composite Index rose 0.3% to 3,264.19 and the Nikkei 225 in Tokyo added 0.6% to 23,173.89.

The Hang Seng in Hong Kong was little changed at 24,478.69.

The Kospi in Seoul advanced 1.1% to 2,402.01 and Sydney’s ASX-S&P 500 was little-changed at 5,875.70. India’s Sensex opened up 1% at 38,566.11.

New Zealand and Bangkok advanced while Singapore and Jakarta declined.

Apple, Amazon, and other U.S. tech companies that had lost momentum late last week all regained some ground.

The S&P 500 rallied to 3,398.96. The Dow Jones Industrial Average climbed 1.6%, to 27,940.47.

The Nasdaq composite, which includes many tech stocks, rose 2.7% to 11,141.56. It had dropped 10% over the previous three days.