Asian stocks will likely climb on Thursday after the S&P 500 and Nasdaq rallied to fresh records on upbeat corporate results, while the dollar eased a day before the U.S. Federal Reserve possibly sets a new course on inflation.
Shares of big companies like Apple Inc , Alphabet Inc , Amazon.com Inc and Microsoft Corp , which influence the broader market because of their sheer size, were all higher. The Dow Jones Industrial Average rose 83.48 points, or 0.3per cent, to 28,331.92, the S&P 500 gained 35.11 points, or 1.02per cent, at 3,478.73.The pan-European STOXX 600 index rose 0.91per cent and MSCI's gauge of stocks across the globe gained 0.89per cent.
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