Asian stocks gain after Wall Street rally on economic data – Appeal-Democrat

TOKYO (AP) — Asian stocks jumped Wednesday after encouraging signs of strength in the U.S. economy sent shares higher on Wall Street.

KEEPING SCORE: A weak yen added to investor optimism, sending Japan’s benchmark Nikkei 225 up 4.1 percent to close at 16,746.55. South Korea’s Kospi rose 1.6 percent to 1,947.42 and Australia’s S&P/ASX 200 gained 1.9 percent to 5,083.50. Hong Kong’s Hang Seng added 3.3 percent to 20,046.86, while the Shanghai Composite Index climbed 3.6 percent to 2,831.76. Other regional markets also rose, including Singapore, Taiwan and Indonesia.

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