Asian Shares Mostly Rise as Wall Street Sets Records

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Asian Shares Mostly Rise as Wall Street Sets Records
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Asian shares mostly rose on Thursday, fueled by optimism from record highs set on Wall Street overnight. Japan's Nikkei and Australia's ASX both saw gains, while Hong Kong's Hang Seng index rebounded strongly after recent volatility.

TOKYO — Asia n shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street.

“There’s still a glimmer of hope that Beijing might swoop in with a fiscal stimulus lifeline in October to reignite growth. In short, the market is hanging in the balance, waiting for the next big move,” said Stephen Innes, managing partner at SPI Asset Management.it had set last week. The Dow Jones Industrial Average climbed 431 points, or 1%, to hit its own record, while the Nasdaq composite gained 0.6%.. Norwegian Cruise Line steamed 10.

In the oil market, a barrel of Brent crude, the international standard, recovered to rise 34 cents to $73.58 a barrel. It briefly topped $81 early this week. Benchmark U.S. crude gained 34 cents to $76.92 per barrel. In currency trading, the U.S. dollar inched down to 149.15 Japanese yen from 149.16 yen. The euro cost $1.0943, up from $1.0945.PITTSBURGH — Igor Shesterkin stopped 29 shots and the New York Rangers opened the season with a 6-0 victory over the Pittsburgh Penguins on Wednesday night.

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