Asian stock markets, particularly Japan's Nikkei 225, experienced significant gains, driven by a rally in technology shares. The Nikkei initially rebounded from a sharp decline, closing 1% higher, and subsequently rose above 38,000 points, despite chip-related shares capping gains. This surge was part of a broader regional trend where Asian stocks rallied ahead of tech earnings, following positive momentum from Wall Street, which saw U.S. stocks rally for two consecutive days. The Japanese yen remained under scrutiny, with potential interventions being closely monitored due to its fragility.