Asian stocks climb as Wall Street rebounds on strong US data, Trump tariff delay

Asian markets surged following Trump’s EU tariff delay, boosting Wall Street. Japan’s Nikkei rose 0.5%, while South Korea’s Kospi jumped 1.8% driven by tech gains. Oil prices increased after Chevron’s Venezuelan crude export authorization ended. US markets responded positively, with the S&P 500 up 2.1%. Strong US consumer confidence data further fueled the market rally, despite ongoing tariff concerns.