asian markets: Asian equities rally as US recession fears fade: Markets wrap

asian markets: Asian equities rally as US recession fears fade: Markets wrap

Stocks in Asia rose Friday after robust US jobs and spending data eased recession concerns, fueling a rally in stocks and sending bonds tumbling. Equity benchmarks in Japan climbed over 2% at the open, while shares in Australia increased alongside those in South Korea. US futures contracts edged higher after the S&P 500 and tech-heavy … Read more