Asian Equities Higher after U.S. Rally

Asian indices rallied early Friday, following a positive lead from Wall Street overnight. Trading is expected to be light as investors await possible clues about interest rates at an annual meeting of central bankers in Jackson Hole, Wyoming.

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.


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