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Asia stocks gain on firmer Wall Street, China hopes; U.S. yields elevated
Asian stocks rode higher on Wednesday thanks to strong U.S. corporate earnings and hopes China will boost fiscal support for its economy, while long-term U.S. yields hovered near six-week highs on speculation the Bank of Japan could be less accommodative. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.17 percent. The index extended gains from the previous day, when it was lifted after China said it will adopt a more vigorous fiscal policy to help tackle external uncertainties.
https://finance.yahoo.com/news/asia-stocks-gain-firmer-wall-004850335.html?.tsrc=rss
Asian stocks rode higher on Wednesday thanks to strong U.S. corporate earnings and hopes China will boost fiscal support for its economy, while long-term U.S. yields hovered near six-week highs on speculation the Bank of Japan could be less accommodative. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.17 percent. The index extended gains from the previous day, when it was lifted after China said it will adopt a more vigorous fiscal policy to help tackle external uncertainties.
https://finance.yahoo.com/news/asia-stocks-gain-firmer-wall-004850335.html?.tsrc=rss
