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The Independent UK
The Independent UK
National
Yuri Kageyama

Stock market today: Asian shares mostly rise after Fed chief speech

Copyright 2023 The Associated Press. All rights reserved.

Asian shares were mostly higher Monday, as investors were relieved by the head of the Federal Reserve indicating it will “proceed carefully” on interest rates.

Japan's benchmark Nikkei 225 added 1.7% to 32,151.72. Australia's S&P/ASX 200 gained 0.6% to 7,155.40, after data on Australian retail sales showed they rose a higher than expected 0.5%.

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