Most Asian stocks rose Monday after the outcome of Japan’s election bolstered expectations for fiscal stimulus and as fresh all-time highs for U.S. shares encouraged some investor optimism.
Equities jumped more than 1% in Japan, where Prime Minister Fumio Kishida’s Liberal Democratic Party defied forecasts by preserving its outright majority. Stocks slipped in Hong Kong and China. Data signaled economic weakness in China due to power shortages, surging commodity prices and Covid curbs. U.S. futures advanced following Friday records for the S&P 500 and Nasdaq 100.
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November 01, 2021 at 04:34AM
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Stock Market Today: Dow, S&P Live Updates for Nov. 1 - Bloomberg
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