Stock market today: Asian shares extend gains after China-driven rally

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Shares in Asia pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading.

Mayor Deegan’s $1.9B budget passes but not without opposition from Councilman DiamondPatronis announces funding, new equipment to fight cancer among firefightersGet ready to travel this fall with these Insider DealsHere’s a sharp idea—prepare for holiday cooking season by upgrading your knives– Asian shares pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading.aimed at reviving the housing market after a prolonged downturn.

“But for now, Chinese stocks are gobbling up these stimulus efforts like they’re at an all-you-can-eat buffet,” he said.Australia's S&P/ASX 200 added 0.1% to 8,149.00. In the bond market, Treasury yields slipped following the weaker-than-expected report on consumer confidence. The 10-year yield fell to 3.73%, from 3.75% late Monday. The two-year yield, which more closely tracks expectations for the Fed’s upcoming moves, fell to 3.53% from 3.59% late Monday.

 

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