Asian Markets Rise, India Under Pressure Over Russian Oil

Asian stocks rose following a Wall Street rebound, with investors regaining confidence after concerns about President Trump's tariffs. The weak US jobs report boosted expectations for a Fed rate cut in September.

In Asian markets, the Nikkei 225 in Tokyo rose by 0.6%, while South Korea's Kospi increased by 1.4%. In Hong Kong, the Hang Seng gained 0.3%, and the Shanghai Composite rose by 0.5%. Australia's S&P/ASX 200 increased by 1.1%, and Thailand's SET also gained 1.1%.

India was the only negative exception, with the Sensex falling by 0.5% due to US pressure to reduce Russian oil imports. India has stated it will continue to buy Russian oil, emphasizing its stable relationship with Moscow.

On Wall Street, the S&P 500 rose by 1.5%, the Dow Jones increased by 1.3%, and the Nasdaq surged by 2%. Idexx Laboratories shares rose by 27.5% after announcing better-than-expected earnings.