Asian shares are trading mostly higher after a rally on Wall Street that regained some of the losses from the market’s worst week in nearly a year and a half.
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Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. 10, 2024. Japan’s benchmark Nikkei 225 rose nearly 0.5% in morning trading to 36,384.73. Australia’s S&P/ASX 200 gained 0.6% to 8,033.10, while South Korea’s Kospi inched up nearly 0.1% to 2,537.85. Hong Kong’s Hang Seng added 0.3% to 17,248.58. The Shanghai Composite declined 0.5% to 2,722.01.
, let alone from the rest of the four-day losing streak that it broke. The Dow Jones Industrial Average rose 1.2% to 40,829.59, and the Nasdaq composite gained 1.2% to 16,884.60.
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Asian shares trade higher after Wall Street rise and Japan GDP data show growthAsian shares are trading mostly higher after the latest update on U.S. inflation came in almost exactly as economists expected, and data on Japan’s economy showed relatively healthy growth.
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