Asian markets rose Thursday to claw back some of the previous day’s hefty losses as investors tracked a bounce on Wall Street sparked by jobs data that soothed worries about the US economy.

Signs that a majority of the US Supreme Court was sceptical about the legality behind a swath of President Donald Trump’s sweeping tariffs also provided a little support.

Trader sentiment creeped back after Wednesday’s selloff that came on the back of growing worries that the tech-fuelled AI rally that has characterised markets this year has led to a bubble that could soon pop.

The rush for cover — which tracked big losses on Wall Street — hammered some regional giants including Japanese tech investor SoftBank and South Korean chipmakers Samsung and SK hynix.

However, New York investors enjoyed a mu

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