Stock market today: Asian shares rise after Wall Street rally, and China promises a briefing

TOKYO — Asian shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street.

“There’s still a glimmer of hope that Beijing might swoop in with a fiscal stimulus lifeline in October to reignite growth. In short, the market is hanging in the balance, waiting for the next big move,” said Stephen Innes, managing partner at SPI Asset Management.it had set last week. The Dow Jones Industrial Average climbed 431 points, or 1%, to hit its own record, while the Nasdaq composite gained 0.6%.. Norwegian Cruise Line steamed 10.

In the oil market, a barrel of Brent crude, the international standard, recovered to rise 34 cents to $73.58 a barrel. It briefly topped $81 early this week. Benchmark U.S. crude gained 34 cents to $76.92 per barrel. In currency trading, the U.S. dollar inched down to 149.15 Japanese yen from 149.16 yen. The euro cost $1.0943, up from $1.0945.A pilot killed when a helicopter crashed on the roof of an Australian hotel two months ago was affected by alcohol and was not qualified to fly at night, an investigation concluded. Two hotel guests were briefly hospitalized for smoke inhalation and 400 people had to evacuated from the hotel following the crash in the tropical city of Cairns on Aug. 12.

A Trump victory raises the risk of a US economic situation worse than recession, 'Dr. Doom' Nouriel Roubini saysAuthorities along Florida’s Gulf Coast are warning that Hurricane Milton’s intense winds are forcing first responders to have to suspend 911 calls.Milton damages the roof of the Rays' stadium and forces NBA preseason game to be called off

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