Asian markets set to rise as US stocks gain momentum

Asian stocks are expected to increase, following gains in US stocks and stabilization of Treasury yields.

Futures indicate positive movements for major benchmarks in Tokyo, Hong Kong, and Sydney, with US contracts also showing early gains.

The Nasdaq 100 rebounded after its longest losing streak since January, driven by a surge in Tesla Inc. shares.

This comes as President-elect Donald Trump"s transition team prioritizes the establishment of a federal framework for fully self-driving vehicles within the Transportation Department.

Nvidia Corp. is facing pressure ahead of its upcoming earnings report, reflecting mixed sentiment in the tech sector.

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