Japan's Nikkei 225 index experienced an increase, edging up less than 0.1% to 38,645.63. This occurred after the government reported that the inflation rate ticked higher for the first time in three months, reaching 2.5% in May, up from 2.2% in April.
U.S. crude and Brent crude prices experienced a decline, with U.S. West Texas Intermediate (WTI) futures for July falling by 2.09% to $91.72 per barrel and Brent crude dropping by 1.4% to $95.18. This decrease followed a larger-than-anticipated drop in U.S. crude stocks, which led to a surge in energy prices.
Nvidia's stock has experienced a significant increase this year, with a rise of 164%. This surge can be attributed to the company's strong performance and its involvement in artificial intelligence technology, which has attracted considerable investor interest.