Asian Shares Rise on Tech Optimism and Positive Economic Signals

Asian stock markets generally rose, driven by optimism about technology companies and global economic health. Positive economic data from Japan, including industrial production growth and a rise in consumer prices, influenced market sentiment. While U.S. stock indexes showed mixed results due to a late-afternoon decline in some tech giants, the overall economic outlook remained positive. The Commerce Department`s upward revision of U.S. economic growth for the second quarter, along with strong retail sales, employment, and consumer confidence data, contributed to the optimistic sentiment.