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The Independent UK
The Independent UK
National
Yuri Kageyama

Stock market today: Asian shares get a lift from rally in US following encouraging inflation report

Copyright 2023 The Associated Press. All rights reserved

Asian shares surged higher on Wednesday, cheered by a rally on Wall Street that was one of the best days of the year following a surprisingly encouraging report on inflation.

Tokyo's benchmark Nikkei 225 rose 2.6% to 33,545.14 as investors appeared to shrug off news that Japan’s economy contracted at a worse than expected 2.1% annual rate in July-September.

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