Reported 3 days ago
Asian stocks saw significant gains, buoyed by lower US Treasury yields which bolstered investor confidence in equities. The MSCI index for Asian shares climbed 1.2%, with notable rises in Taiwan, India, and Indonesia. Meanwhile, the US stock market showed positive signs, with the S&P 500 and Nasdaq both closing higher. The strengthening yen and stable Australian dollar also reflected a favorable trading environment influenced by the anticipated financial leadership under President-elect Trump’s administration.
Source: YAHOO