Wall Street rally lifts Asian shares, but weak Chinese data caps gains
US job growth increased by the most in 10 months in November as the health-care industry boosted hiring, in the strongest sign that its economy is in no danger of stalling
09 December 2019 - 08:46
Sydney — Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong US jobs data though regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-US trade war.
Japan’s benchmark Nikkei added 0.4% while MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.3%, with Australian stocks and South Korea’s Kospi up 0.4% and 0.3%, respectively...
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