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The Independent UK
The Independent UK
National
Zimo Zhong

Stock market today: Asian shares follow Wall St higher on hopes for an end to Fed rate hikes

US Federal Reserve Wall Street United States
Copyright 2023 The Associated Press. All rights reserved.

Asian shares advanced on Friday after Wall Street roared higher on bets that market-rattling interest rate hikes are coming to an end.

Hong Kong’s Hang Seng added 2.6% to 17,680.01, while the Shanghai Composite gained 0.7% to 3,026.32. Tokyo markets were closed for a holiday.

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