On October 19, according to the Financial Times, US stocks are expected to open higher on Monday. This follows the largest weekly decline since last April when Trump announced tariff policies. During Asian trading hours, the tech-heavy Nasdaq 100 index futures rose 1.3%, while S&P 500 index futures gained 0.8%. Analysts noted that after Friday's sell-off triggered by concerns over widening credit spreads for companies related to AI data centers, investors are now reassessing the market. This easing sentiment also boosted Asian markets, with South Korea's KOSPI index rising 0.5% on Monday after a sharp 11% drop last week. Prashant Bhayani, Asia Chief Investment Officer at BNP Paribas, stated that the rebound was aided by the lack of substantial escalation in Iran's conflict over the weekend. He added that after last week's 'de-risking' operations, traders are taking a wait-and-see approach to AI-related trades. Japan's TOPIX index initially fell nearly 1% in Monday's morning session but recovered in the afternoon to end the day nearly flat, while the tech-heavy Nikkei 225 index dropped 0.7%.
