Asia stocks boosted by Wall Street January 13, 2021SharePrint Wall Street comeback lifts Asian equities The range-trading nature of this week saw Wall Street rise modestly overnight, mostly because US yields remained unchanged. There is nervousness out there in the equity markets, with its stretched valuations on traditional methodologies. Three Federal Reserve officials spoke overnight, and from what I can tell, all were very dovish. All were optimistic for an acceleration of the US recovery in the second half of the year, and all appeared comfortable with rising inflation. The S&P 500 rose 0.12%, the Nasdaq rose 0.32%, and the Dow Jones rose 0.19%. With the White House quiet and a modest data calendar, that has been enough to greenlight a rally in Asian equities today.