Asian stocks rise Monday as U.S. markets gear up to start week at record heights

BEIJING — Asian stock markets rose Monday after Wall Street hit a new high and China promised aid to shore up economic growth.

Wall Street’s benchmark S&P 500 index SPX, +0.95% closed Friday up 3.8% for the week in a rally led by tech companies. The Shanghai Composite Index SHCOMP, +0.72% rose 0.8% to 3,695.30 and the Hang Seng in Hong Kong HSI, +0.59% gained 0.5% to 24,201.43. Government data showed U.S. consumer inflation rose to a 39-year high of 6.8% in November. But the impact on financial markets was limited because it was in line with expectations.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks edge higher, Fed stars in central bank extravaganzaAsian stocks crept higher on Monday as investors prepared to tiptoe through a minefield of 17 central bank meetings this week and the likely early end to U.S. policy stimulus. Monitoring temperature and humidity are essential in server rooms to ensure the right conditions to operate and to provide alerts in any issues that may arise temperature humidity serverroom monitoring solution crac hvac airflow aisle sensors
Source: Reuters - 🏆 2. / 97 Read more »