SYDNEY: Asian shares touched two-year peaks on Thursday in the wake of Wall Street's record run as cheap cash drove up big-cap tech darlings, although Sino-U.S. tensions caused caution to creep in as the session progressed.
The Dow ended Wednesday up 0.3per cent, while the S&P 500 climbed 1.02per cent and the Nasdaq 1.73per cent. Gains were again concentrated in the tech majors with Netflix Inc surging 11.6per cent and Facebook Inc 8.2per cent. The euro held at US$1.1832 and near its recent top of US$1.1965, while the dollar backed off to 106.02 yen from a high of 106.57 earlier in the week.
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Source: ChannelNewsAsia - 🏆 6. / 66 Read more »