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    Market Report - Optimism over U.S. Economic Data


    by NTDTelevision

    In today’s market report… Asian shares were up with resource stocks leading the way. Demand for riskier assets increased after Wall Street rallied on upbeat U.S. earnings and economic data.

    Japan's Nikkei edged up, as gains by exporters on the strong U.S. data offsetting a decline by Toyota, whose U.S. sales slid 16 percent after a massive vehicle recall.

    Shares in Seoul were higher, helped by better than expected U.S. earnings, as regional automakers such as Hyundai saw U.S. sales grow.

    Australian stocks rose as miners gained for a second day, while Insurance Australia Group jumped after a profit upgrade.