Asian equities leap as Wall Street regains ground

Asian equities leap as Wall Street regains ground

On Tuesday, Asian equities jumped after Wall Street managed to regain lost ground overnight amid quite subdued trade ahead of the Thanksgiving holiday.

Japan's benchmark Nikkei 225 rallied 1% being worth 22,488.38, while the Kospi in South Korea gained 0.1% trading at 2,530.64. In Hong Kong, the Hang Seng tacked on 0.9% trading at 29,522.24. In Australia, the S&P ASX 200 soared 0.3% hitting 5,962.00. Additionally, the Shanghai Composite index grew 0.7% showing an outcome of 3,414.57. As for Southeast Asian stocks, they turned to be mixed.

Ahead of the Thanksgiving holiday American trading has been light enough. The Standard & Poor's 500 index inched up 0.1% trading at 2,582.14. The Dow Jones industrial average ascended 0.3% hitting 23,430.33. The Nasdaq composite rallied 0.1% trading at 6,790.71. As for the Russell 2000 index of smaller-company equities, they added 0.7% boasting a reading of 1,503.40.

 

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