Asia-Pacific Stocks Track Wall Street Higher
Asia-Pacific stocks track Wall Street higher
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Asia-Pacific stocks track Wall Street higher
Boosted by optimism, the three main indexes on Wall Street ended higher on Thursday, and Asia-Pacific markets followed suit.
Asia-Pacific stocks rose on Friday as a Wall Street rebound brought some cheer to the region's markets on the last trading day of the year.
US and European stocks wobbled on Friday despite a key gauge showing inflation to be slowing, as investors remain concerned about recession risks.
A mini stocks rally triggered by positive US economic data faltered on Thursday (New York time), while the yen held onto gains against the dollar after surging earlier in the week.