
Asian stocks rose Thursday after progress on the debt-ceiling impasse in Washington lifted equities on Wall Street and optimism about renewed dialogue between the U.S. and China. Treasuries dipped as traders await key American jobs data.
MSCI Inc.’s index of Asia Pacific stocks was on track for its biggest gain since Aug. 31. Hong Kong jumped as a technology gauge bounced from a record low after the Nasdaq 100 rose. Shares also climbed in Japan and South Korea. U.S. futures gained after the S&P 500 closed higher on a possible deal to boost the debt ceiling into December. That would alleviate the immediate risk of a default but leave the political fight simmering in Washington.
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October 07, 2021 at 04:54AM
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Stock Market Today: Dow, S&P Live Updates for Oct. 7, 2021 - Bloomberg
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