Asian share rise on US rally, jobs data signaling low rates

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Asian share rise on US rally, jobs data signaling low rates
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  • 📰 The Independent
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Asian shares opened the week higher, cheered by a rally on Wall Street as a grim jobs report signaled to investors that interest rates will likely stay low

The S&P 500 index rose 0.7% to 4,232.60, its third straight gain, and topping the previous all-time high set last month. The Dow Jones Industrial Average gained 0.7% to 34,777.76, setting a record high for the third straight day. The Nasdaq composite picked up 0.9%, to 13,752.24.

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