Asia shares climb as tech mood swings, oil retreats

SYDNEY, Aug 5 : Asian stock markets jumped on Wednesday as robust earnings and renewed appetite for tech propelled Wall Street to record highs, while hopes for progress on opening the Strait of Hormuz pushed down on oil prices and bond yields.Japan's Nikkei climbed 3.0 per cent and South Korea added 4.1 per cent, continuing its run of wild swings. MSCI's broadest index of Asia-Pacific shares outside Japan rose 2.4 per cent, while Chinese blue chips gained 0.7 per cent.The tech rally came despite a setback for AMD, which fell 8.8 per cent after hours as earnings beat the Street but still fell short of investors' sky-high expectations.AI and satellite group SpaceX shed 7.5 per cent, undoing much of a rally in regular trading time, on worries capex was eating up all its cash flow. This has be