Asia stocks jump on gains in cyclical sectors, US optimism

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Asia stocks jump on gains in cyclical sectors, US optimism

Investing.com-- Most Asian stocks rose on Monday as investors piled into cyclical stocks heading into the last week of November, while focus turned to a slew of upcoming economic readings, including China’s industrial data and India’s third-quarter GDP.

U.S. stock index futures rose in Asian trade, tracking optimism over Bessent's appointment. Bond yields also fell after his appointment, lending stocks more space to rise.

 

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