Asia stocks inch up after Wall Street's gains, oil prices slide

Asia stocks inch up after Wall Street's gains, oil prices slide
 

Asian stocks edged up early on Wednesday following an overnight rise for U.S. stocks, while reduced hopes that a meeting of major producers would reduce a oversupply weighed heavily on crude oil prices.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.1 percent.
Australian stocks were up 0.5 percent while South Korea's Kospi .KS11 was flat. Japan's Nikkei .N225 was last down 1.1 percent.
Overnight, the Dow .DJI rose 0.7 percent and Nasdaq .IXIC added 0.9 percent. A perceived win by Democrat Hillary Clinton over Republican Donald Trump at the first presidential... read more

 
28 September 2016 in Business, Views: 49
Source: Reuters
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