HANG SENG INDEX (^HSI)
- Barrons.com
Asian and European Stocks Gain as Market Optimism Reigns
Asian and European stock markets were rising on Friday, taking their lead from the U.S. market and its rise on the back of the latest jobless claims data. Hong Kong’s Hang Seng Index closed up 2.3%. Japan’s Nikkei 225 rose 0.4%, and South Korea’s KOSPI Composite Index gained 0.6%.
- Yahoo Finance UK
Wall Street follows FTSE 100 and Europe's record highs
US stocks opened higher after economic data this week supported bets of interest rate cuts.
- Reuters
GLOBAL MARKETS-Asia stocks rally on renewed global rate cut optimism
Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing U.S. labour market stoked optimism around interest rate cuts this year ahead of next week's crucial inflation data. Sterling was steady at $1.2515, having touched a more than two-week low of $1.2446 on Thursday after Bank of England (BoE) paved the way for the start of rate cuts as soon as next month. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.66% and was on course for a nearly 1% gain for the week, its third straight week of gains.
