Home GRASP/Japan Stocks Rose on Wall St. After Late Rebound Spreads to Global Markets

Stocks Rose on Wall St. After Late Rebound Spreads to Global Markets

229
0
SHARE

Share prices were up in Europe and Asia on Friday as positive momentum from the United States obscured downbeat economic data from Japan.
HONG KONG — Stocks on Wall Street rose on Friday after a late rally the day before that largely carried over to markets around the world.
Shares rose in Asia and Europe despite new causes for concern about the pace of global economic growth.
European markets started the day around 1 percent higher, climbed through the morning and remained up across the board by midafternoon. Asian markets closed higher for the most part, with Japan’s Nikkei 225 index a notable exception.
Investors in Asia did not initially latch on to Wall Street’s positive momentum. Stocks in Japan fell after officials there released soft economic data for the month of November.

Continue reading...