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Asia Follows Wall Street Gains, Brace for Return of China Markets

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Asian stocks rose modestly on Thursday, taking their cue from gains on Wall Street as the region braced for a resumption of trading in the Chinese markets after a week-long break. Overnight on Wall Street, the S&P 500 .SPX soared to a 3-week high thanks to a bounce in biotechnology companies. Materials shares also enjoyed a positive session on the back of gains for precious metals. Chinese stock markets, which have been hit by wild swings in recent months due to growth and policy worries, re-open later in the session after shutting since the end of September for holidays.

Added on the 07/10/2015 20:54:47 - Copyright : Wochit

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