Stock market today: Asian shares rise after Wall Street rally, and China promises a briefing

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Asian shares are mostly higher, as market optimism got a perk from the record highs set on Wall Street.

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Japan's benchmark Nikkei 225 edged up 0.4% in morning trading to 39,439.50. Australia's S&P/ASX 200 rose 0.6% to 8,239.10. South Korea's Kospi added 0.3% to 2,601.66.Hong Kong's Hang Seng jumped 2.4% to 21,127.55, after a previous day of wild swings. Earlier in the week, the index droppedAfter surging on hopes for stimulus to prop up the world’s second-largest economy, Chinese stocks slumped earlier this week on.

All told, the S&P 500 rose 40.91 points to 5,792.04. The Dow jumped 431.63 to 42,512.00, and the Nasdaq composite gained 108.70 to 18,291.62.

 

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