Most Asian markets rise after Wall Street selloff

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Investors are watching corporate earnings and looking ahead to Friday's U.S. jobs data.

BEIJING — Major Asian stock markets advanced Wednesday after Wall Street fell, while Chinese and Japanese markets were closed for holidays.

New Zealand’s benchmark NZ50GR, -0.49% lost 1.1%, Singapore STI, -1.08% was down 0.8% and Bangkok Y9999, -0.53% fell 0.7%. On Monday, Federal Reserve Chairman Jerome Powell said the economic outlook has “clearly brightened” in the United States but the recovery is uneven.The technology-heavy Nasdaq Composite COMP, -1.88% dropped 261.61 points, or 1.9%, to 13,663.50. The Dow Jones Industrial Average DJIA, +0.06% added 0.1% to 34,133.03.

 

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