Asian stocks mostly rose on hopes the US government would reopen soon.

Asian stock markets rose in morning trading on November 10, as investors hoped the US government shutdown would soon end.

Stock index board in Tokyo, Japan. Photo: Kyodo/VNA

The hope comes after lawmakers said they had reached a deal to end a stalemate that has caused a record-long government shutdown of 40 days.

In the Tokyo market (Japan), the Nikkei 225 index increased 1.0% to 50,766.89 points at mid-session. In Hong Kong (China), the Hang Seng index increased 0.5% to 26,372.47 points.

Meanwhile, in Shanghai (China), the Shanghai Composite index rose slightly by 0.1% to 4,000.02 points. Stock indexes in Sydney, Seoul, and Manila also increased, while Singapore and Wellington markets decreased slightly.

According to CNN and Fox News, senators have reached a temporary agreement to fund government operations until January 2026. The prospect of the world's largest economy returning to work soon has somewhat dispelled concerns about overvalued technology stocks, amid many warnings about the risk of forming an artificial intelligence (AI) bubble after the market's strong rise since the beginning of the year.

However, investors remain concerned about the financial consequences of the government shutdown, which has halted many public services, including air travel, just ahead of the Thanksgiving holiday.

The US Congressional Budget Office (CBO) forecasts that the government shutdown will cause quarterly GDP growth to lose about 1.5 percentage points.

In Vietnam, at 11:17 a.m. on November 10, the VN-Index decreased by 0.42 points (0.03%) to 1,598.68 points, while the HNX-Index decreased by 0.47 points (0.18%) to 259.64 points.

Source: https://baotintuc.vn/thi-truong-tien-te/chung-khoan-chau-a-phan-lon-tang-diem-khi-hy-vong-chinh-phu-my-som-mo-cua-tro-lai-20251110115830268.htm