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Overnight Markets: Wall Street surges on stimulus hopes
by Himanshu Singh on Oct 30, 2013 at 05:19
In Asia, shares gained on Wednesday in afternoon session amid rising company earnings and with the US Fed projected to maintain the pace of its monetary stimulus today.
The MSCI Asia Pacific Index advanced 0.6% at 1 p.m. in Tokyo. Japan’s Topix index climbed 1.1% as the yen held a three-day drop. Australia’s S&P/ASX 200 Index (AS51) increased 0.3%. The Hang Seng Index increased 0.9% and the Shanghai Composite Index climbed 0.8%. South Korea’s Kospi was little changed.
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