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Asian shares track Wall Street gains on cooling inflation

Asian shares track Wall Street gains on cooling inflation

2 years ago
Anonymous $Dcz6_RW03I

https://apnews.com/d0bc1dab8592fe8dd23cf7fb335d8ab8

BANGKOK (AP) — Shares advanced Thursday in Asia after benchmarks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July.

Hong Kong, Shanghai and Seoul saw gains of more than 1%. Tokyo was closed for a holiday. U.S. futures edged higher, while oil prices slipped.

Asian shares track Wall Street gains on cooling inflation

Aug 11, 2022, 7:26am UTC
https://apnews.com/d0bc1dab8592fe8dd23cf7fb335d8ab8 > BANGKOK (AP) — Shares advanced Thursday in Asia after benchmarks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July. > Hong Kong, Shanghai and Seoul saw gains of more than 1%. Tokyo was closed for a holiday. U.S. futures edged higher, while oil prices slipped.