Stock market today: Asian shares gain as China is boosted by strong factory orders

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Shares have started the week higher in Asia, led by gains in China as monthly surveys showed improving conditions for manufacturing.

File - San Antonio Spurs acting head coach Mitch Johnson, right, speaks with Spurs players Victor Wembanyama and Stephon Castle during the second half of their NBA basketball game against the Golden State Warriors, Saturday, Nov. 23, 2024, in San Antonio.

He noted that investors are also anticipating further moves by authorities in China to boost the economy ahead of Trump's inauguration next month. Some retailers advanced as Black Friday unofficially kicked off the holiday shopping season, although retailers had been offering early deals for weeks. Macy’s and Best Buy each gained around 2%.

 

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