---
title: "Asia shares find hope in tech resilience, oil off peak"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284868597.md"
description: "Asian shares rose as oil prices declined and strong tech earnings boosted investor sentiment. Japan's Nikkei gained 0.6%, while the S&P 500 and Nasdaq saw significant monthly increases. The dollar fluctuated after Japan's yen-buying intervention, with analysts predicting further action may be needed. Brent crude firmed at $111.70, influenced by geopolitical tensions. Central banks in the UK and Europe hinted at potential rate hikes due to rising energy prices, while U.S. Treasury yields increased following a hawkish shift from the Federal Reserve."
datetime: "2026-05-01T05:51:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284868597.md)
  - [en](https://longbridge.com/en/news/284868597.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284868597.md)
---

# Asia shares find hope in tech resilience, oil off peak

By Wayne Cole SYDNEY, May 1 (Reuters) - Asian shares rallied in relief on Friday as oil prices came off the boil and upbeat company earnings pulled investors into tech stocks, while Japan's first yen-buying intervention in two years steadied the battered currency. Apple amplified the cheer by beating forecasts and providing an upbeat outlook for sales, though it did warn of chip supply

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