STORY CONTINUES BELOW THESE SALTWIRE VIDEOSHONG KONG - Asian shares rallied on Thursday after blockbuster results from tech darling Nvidia boosted Wall Street and a retreat in U.S. bond yields eased pressure on borrowing costs globally.
"This week's Jackson Hole Symposium remains firmly in focus for markets ... We expect will err on the side of caution with respect to inflation, noting some signs of improvement but still with a long way to go." The index is however down 8.1% so far this month due to the weakness in China's economy and yuan, as well as some gloomy factory readings from Japan, which also left sentiment fragile.Australian shares edged up 0.27%, while Japan's Nikkei stock index rose 0.23%.
On Wall Street, the Dow Jones Industrial Average rose 0.54%, the S&P 500 gained 1.10% and the Nasdaq Composite added 1.59%.
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