Asian shares mostly higher after Wall Street gains
Asian shares were mostly higher in Asia on Wednesday after advances for big technology companies carried Wall Street to further gains overnight.
- Tokyo’s Nikkei 225 edged 0.1% higher to 23,483.17.
- The Hang Seng in Hong Kong also rose 0.1%, to 24,763.29.
- South Korea’s Kospi climbed 0.2% to 2,448.53.
- The S&P/ASX 200 in Sydney jumped 0.7% to 5,938.70.
- The Shanghai Composite index was almost flat, at 3,294.87.
Treasury yields were relatively steady.
- The yield on the 10-year Treasury was at 0.66%, down slighly from 0.67% late Tuesday.
- The 30-year yield ticked up to 1.44% from 1.41%.
- In other trading, U.S. benchmark crude oil rose 69 cents to $38.97 per barrel in electronic trading on the New York Mercantile Exchange. It surged $1.02 on Tuesday to $38.28 per barrel.
- Brent crude, the international standard, picked up 62 cents to $41.15 per barrel.
- The dollar fell to 105.29 Japanese yen from 105.43 yen late Tuesday.
- The euro slipped to $1.1845 from $1.1848.