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Asia stocks follow Wall Street higher
Asian stock markets were mostly higher Wednesday after Wall Street opened the year with a bang following the release of positive U.S. economic data.
Japan’s Nikkei 225 index gained 1.1 percent to 8,550.93, while Australia’s S&P ASX 200 jumped 2.1 percent to 4,185.70. Benchmarks in Singapore, Taiwan, Indonesia and the Philippines also rose.
Hong Kong’s Hang Seng Index slipped 0.5 percent to 18,787.77 while South Korea’s Kospi fell 0.2 percent to 1,872.40.
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