Asian Shares Rise with Hopes for U.S. Interest Rate Cuts

Reported about 6 hours ago

Asian shares experienced gains on Friday after U.S. stocks surged to a record high, bolstered by optimism regarding potential cuts to interest rates following mixed job market data. In Tokyo, the Nikkei 225 increased by 0.9%, while Chinese markets also saw rises, with Hong Kong's Hang Seng index up 0.5%. Investors are eyeing an upcoming U.S. Labor Department report for further insights into the job market, which may influence the Federal Reserve's policy decisions.

Source: YAHOO

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