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Asian shares mostly advance after Wall Street gains and oil prices fall
Asian stock markets rose broadly in Thursday trading, following gains on Wall Street and a decline in oil prices. Cheaper oil eased concerns about inflation and costs for businesses and consumers, while encouraging cues from US markets lifted investor sentiment across major Asian exchanges. The advance suggests cautious optimism among regional traders.
Why now: Falling oil prices and overnight gains on Wall Street boosted investor confidence in Asian markets.
Wall StreetAsian stock markets
Evidence
- Asian shares mostly advance after Wall Street gains and oil prices fall · LancasterOnline
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