Stock market today: Asian shares are mostly higher after strong earnings boost stocks on Wall St

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Shares are mostly higher in Asia after U.S. stocks rose following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies.

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A passerby moves past an electronic stock board showing Japan's stock prices outside a securities firm in Tokyo, on Oct. 11, 2024. China's leaders have promised more measures to help boost the economy, but so far have not provided details of stimulus on a scale that would satisfy investors hoping to see reforms that might address longer term problems such as massive local debt and weak consumer demand.

Taiwan's Taiex gained 0.3% and India's Sensex was down 0.3%. In Thailand, the SET gained 0.7% a day after the central bank cut its key interest rate by a quarter of a percentage point, to 2.25%.the day before. The Dow Jones Industrial Average rose 0.8%, to set a record at 43,077.70. The Nasdaq composite added 0.3% to 18,367.08.

 

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