Asian Markets Extend Rally After Fed Cut

Traders are keeping an eye on Beijing as officials huddle to hammer out a stimulus package for the world's number two economy (Credit: AFP)

Asian equities extended gains Friday, tracking another Wall Street record after the Federal Reserve cut interest rates and on the prospect of market-friendly policies from a Trump administration.

Traders are also keenly awaiting the end of a week-long meeting of key Chinese officials who have been hammering out a major stimulus package for the world's number two economy with an eye on the US election result.