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.

Asian Shares

  • 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.

Bonds

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%.

Oil Prices

  • 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.

Currency Markets

  • The dollar fell to 105.29 Japanese yen from 105.43 yen late Tuesday.
  • The euro slipped to $1.1845 from $1.1848.

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