Shares are higher across Asia after a strong gains on Wall Street driven by hopes for a powerful recovery from the pandemic
By ELAINE KURTENBACH AP Business Writer
March 26, 2021, 8:16 AM
• 3 min read
BANGKOK — Shares were higher across Asia on Friday after a strong gains on Wall Street driven by hopes for a powerful recovery from the pandemic.
Tokyo, Hong Kong, Seoul and Shanghai all gained and U.S. futures also were higher.
Hopes that economies will regain ground lost since last year’s first outbreaks of coronavirus thanks to COVID-19 vaccinations and huge amounts of government have helped support stocks. At the same time, a quick rise in U.S. interest rates has undercut those advances.
The U.S. government reported the number of workers filing for unemployment benefits fell last week to its lowest level since before the…
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