Asian Markets Mixed as Wall Street Rallies on Nvidia Earnings Beat
• Asian stocks mostly higher after Nvidia's strong earnings lift Wall Street to new highs • Hong Kong market edges lower while Shanghai rises; Tokyo closed for holiday • Nvidia stock surges over 16% on massive earnings beat, sparking tech rally • Inflation and retail sales data had previously caused concerns about potential Fed rate hikes • Earnings remain in focus with nearly 90% of S&P 500 companies having reported; Fed's preferred inflation measure, personal consumption data, on tap next week