Asian shares have surged, led by a nearly 7% jump in South Korea's benchmark to a record close. Shares in Tokyo gained nearly 4%, also setting a record, as investors bought tech-related shares. Traders are awaiting various earnings reports from major companies to gauge the impact of various trends including U.S. President Donald Trump’s tariffs and possible curbs on rare earths exports from China. Oil prices declined. On Wall Street, the S&P 500 added 0.5% to snap a three-day losing streak and finish just shy of its record set last week. The Dow Jones Industrial Average climbed 1.1%, and the Nasdaq composite gained 0.6%.
