Asian stocks close higher after fresh gains on Wall Street

Asian stocks closed mostly higher on Thursday (10), after Wall Street racked up solid gains for the second day in a row yesterday, with investors waiting for new US inflation data.

Japan’s Nikkei index rose 0.42% in Tokyo today to 27,696.08 points, while the Hang Seng index rose 0.38% in Hong Kong to 24,924.35 points.

The South Korean Kospi also showed a slight increase of 0.11% in Seoul, at 2,771.93 points, and the Taiex appreciated 1.03% in Taiwan, at 18,338.05 points.

In mainland China, the Shanghai Composite rose 0.17% to 3,485.91 points on its fourth positive day. On the other hand, the less comprehensive Shenzhen Composite bucked the Asian upside and dropped 0.64% to 2,302.47 points.

This Wednesday, the New York stock exchanges had significant gains for the second session in a row, especially technology stocks that make up the Nasdaq.

In the coming hours, global attention will turn to the latest U.S. consumer inflation (CPI) figures, which have been staying at high levels for longer than expected and could force the Federal Reserve (Fed, the central bank American) to increase interest rates more aggressively throughout the year.

In Oceania, the Australian stock exchange followed Wall Street and the prevailing tone in Asia, and the S&P/ASX 200 advanced 0.28% in Sydney, at 7,288.50 points.

Source: CNN Brasil

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