Asian Equities Enjoying Solid Lead from U.S. Stocks

Asian indices traded higher on Friday, following a positive lead from Wall Street overnight, but trading remained light as investors await possible clues about interest rates at an annual meeting of central bankers in Jackson Hole at 2200 SIN/HK.

U.S. stocks climbed on Thursday, as investors embraced upbeat economic reports before Federal Reserve Chair Janet Yellen talks about the labor market in Jackson Hole on Friday.

Returning to its perch above 17,000 for the first time since July 29, the Dow Jones Industrial Average gained 0.4 percent. The S&P 500 finished at 1,992.37, up 0.3 percent, for its 28th record finish this year. After wavering on either side of neutral, the tech-heavy Nasdaq added 0.1 percent.

CNBC

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