SoftBank Group shares spike 11% as Asian tech shares rally following Wall Street rebounds
South Korean chipmaker SK Hynix surged 8.01%, whereas Samsung Electronics moved higher 5.32%. The advances followed a robust session on Wall Street, where the tech-heavy Nasdaq Composite advanced 2.74%, whereas the S&P 500 advanced 2.35% to clock its best day since April 8.
In this article
In the latest stock market today update, South Korean chipmaker SK Hynix surged 8.01%, whereas Samsung Electronics moved higher 5.32%, according to CNBC World. The advances followed a robust session on Wall Street, where the tech-heavy Nasdaq Composite advanced 2.74%, whereas the S&P 500 advanced 2.35% to clock its best day since April 8.
Key points
- In Japan, technology investment giant SoftBank Group soared 12%, whereas chip-testing equipment maker Advantest picked up 5.41%.
- Semiconductor equipment maker Tokyo Electron moved higher 5.88%, whereas Lasertec and Disco advanced 6.34% and 6.95%.
- The recovery came following a steep sell-off in global technology shares last week.
What happened: Stock market today
In Japan, technology investment giant SoftBank Group soared 12%, whereas chip-testing equipment maker Advantest picked up 5.41%. Semiconductor equipment maker Tokyo Electron moved higher 5.88%, whereas Lasertec and Disco advanced 6.34% and 6.95%, respectively. The recovery came following a steep sell-off in global technology shares last week, fueled by worries that Democrats' sweeping victory in the American midterm elections could lead to tighter restrictions on data-center development, potentially impacting demand for artificial intelligence chips and infrastructure.
Why traders are watching stock market today
Equity moves reflect expectations for earnings, interest rates and economic growth. Strong or weak results from large companies can shift sentiment across whole sectors and indices.
Stock-market sentiment also spills over into currencies: risk-on moods tend to favour higher-yielding currencies, while sell-offs often support safe havens.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-10 00:44 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 75,056.00 | 0.12% | 75,599.22 | 73,750.00 |
| Ethereum (ETH) | 2,126.04 | -0.50% | 2,160.50 | 2,083.10 |
What to watch next for stock market today
Traders will track upcoming earnings, guidance from company management, bond yields and macro data that could change the rate outlook.
Key scheduled releases on the economic calendar:
- USD Core CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.2%, previous 0.3%
- USD CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.3%, previous 0.6%
- GBP GDP m/m on Thu Nov 12, 07:00 UTC, forecast 0.0%, previous 0.1%
- USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
- USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%
Follow every update in our Top 10 Breaking Market News, read China economy: Trump states FBI investigating Nvidia boss's affair with alleged Chinese spy or see all of today's top market news.
FAQ
What is the latest stock market today news?
South Korean chipmaker SK Hynix surged 8.01%, whereas Samsung Electronics moved higher 5.32%.
Why do stock markets react to interest rates?
Higher rates raise borrowing costs and reduce the present value of future profits, which tends to weigh on stock valuations, especially for growth companies.
Where does this information come from?
This report is based on coverage from CNBC World, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
