Asian stocks rise on AI sentiment on November 3
Asian stocks rose on Monday, November 3 as investors weighed last week's megacap earnings showing significant spending on artificial intelligence, while the dollar held near a three-month high after hawkish comments from Federal Reserve policymakers. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.2% higher at 726.98, hovering near the 4-1/2-year high it touched last week.