Asian Stocks Surge After U.S. Midterm Elections

“Steady U.S. fundamentals will support this trend of equities and yields rising in tandem, which should also prop up the dollar in the longer term.”

Asian Stocks Surge After U.S. Midterm Elections

TOKYO – Asian stocks rose on Thursday as investors, relieved to have moved past the U.S. midterm elections without any major political surprises, drove a Wall Street rally, while the dollar clawed back some of its earlier losses. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.5 percent. Australian stocks rose 0.5 percent, South […]