Equity markets in Asia rose on Wednesday morning after upbeat earnings helped th...
SHANGHAI - Equity markets in Asia rose on Wednesday morning after upbeat earnings helped the Nasdaq and S&P 500 indexes reach record closing highs on Wall Street overnight, while oil retreated from its near six-month highs.
The Dow Jones Industrial Average rose 0.52 percent to 26,647.97, the S&P 500 gained 0.91 percent to 2,934.31 and the Nasdaq Composite added 1.35 percent to 8,123.25. Analyst said that alongside better-than-feared corporate earnings, a more supportive policy environment is helping to boost risk appetites.
Oil prices had surged after the United States ended six months of waivers that allowed Iran’s eight biggest buyers, most of them in Asia, to continue importing limited volumes of Iranian oil.
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