Asian shares lifted to 10-year high on Wall Street record finishes

Asian shares inched up to a 10-year high on Wednesday, cheered by record highs on Wall Street, while the dollar’s rise against the yen helped boost Japanese shares.

The S&P 500 , Dow Jones industrials and Nasdaq Composite all marked record finishes as investors’ concerns faded about North Korean tensions as well as the impact of Hurricane Irma.

MSCI’s broadest index of Asia-Pacific shares outside Japan was slightly higher in early trade, while Japan’s Nikkei stock index added 0.4 percent to a one-month high, getting a tailwind from a weaker yen.

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Posted in: Indian Market Tips