Asian markets rally on US data after Dow hits record high, driven by positive economic indicators

From Google: 2024-08-29 23:03:04

Asian markets saw gains after U.S. stocks hit record highs on Wall Street. Investors are optimistic due to positive U.S. economic data, with the Dow Jones reaching a new high. Stocks in Japan, South Korea, and Hong Kong rose, with the Nikkei up 0.35%, the Kospi up 0.32%, and the Hang Seng up 0.55%. The positive trend is a reflection of improving sentiment in global markets, driven by strong corporate earnings and economic recovery. Tech stocks also performed well, with Apple and Microsoft contributing to the market rally.



Read more at Google: Asian markets rally on US data after Dow hits record on Wall St – Yahoo Finance UK