Asian Shares Gain After Wall Street Rally; Tech Stocks Lead Surge

Asian stocks rose broadly on Tuesday in anticipation of a Federal Reserve rate cut when the U.S. central bank announces its monetary policy decision on Wednesday. Fed officials will also release their quarterly update of economic and rate forecasts on Wednesday and Fed Chair Jerome Powell will hold his regular post-decision press conference, as concerns about a softening labor market take precedence over sticky inflation.The focus was also on ongoing U.S.-China talks, with reports suggesting that Washingto ...