Asia Shares Track Wall Street higher, US Dollar firm

http://ripplesadvisory.com/free-trial.php Click here and watch out the best Share and Stock Market recommendations or One missed call on @9303093093 

 

Asian shares edged higher on Tuesday while the dollar stood firm as upbeat US earnings boosted Wall Street and factory surveys in the United States and Europe boasted their best readings so far this year. MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.1 percent with most components yet to trade. Australian stocks added 0.5 percent and futures pointed to an opening gain of around 0.8 percent for Japan's Nikkei helped by a softening yen. 

 

Wall Street took encouragement from upbeat corporate results and the Dow rose 0.46 percent, while the S&P 500 gained 0.47 percent and the Nasdaq or 0.91 percent. Over one third of US companies have now reported and 80 percent have beaten market expectations. Another third of the S&P 500 components are scheduled to report earnings this week, including heavyweights Apple , Alphabet , Amazon and Boeing . 

 

Merger and acquisition activity added an extra fizz in the wake of AT&T Inc's USD85.4 billion bid for Time Warner Inc , though the deal seemed destined to face stringent scrutiny from regulators.