Asian stocks inspired by Wall Street rally, U. S. data
By Ian Chua SYDNEY (Reuters) – Asian stocks rose on Monday as investors gave the thumbs up to an upbeat U. S. labor force report that sent Wall Street to an all-time closing high last week, while the dollar held its ground against the yen. MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0. 5 percent with Australia’s main share index more than 1. 0 percent higher. South Korean shares advanced 0. 7 percent. Japanese financial markets are shut on Monday for a public holiday and will reopen on Tuesday. The gains came after data on Friday showed U. S. . . .
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