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Stock market today: Asian shares rise on optimism over Wall Street rally

Por: ABC News Business July 03, 2023

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TOKYO -- Asian shares were mostly higher Monday after a rally on Wall Street driven by reports that showed inflation abating, assuaging fears over the threat of a recession. Japan's benchmark Nikkei 225 rose nearly 1.7% to 33,738.80 in morning trading. Australia's S&P/ASX 200 added 0.5% to 7,239.80. South Korea's Kospi jumped 1.4% to 2,601.00. Hong Kong's Hang Seng surged 1.7% to 19,243.80, while the Shanghai Composite gained... + full article



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