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Stock Market Live Updates: Asian stocks rise in early trade; US markets end over 1% higher
Sensex, Nifty, Share Prices LIVE: Asian shares were buoyed by a late bounce in US tech on Friday as results from Meta and Amazon beat expectations, while investors are bracing for U.S. jobs figures, which could hasten bets for rate cuts if they come in below forecast. In Asia, Japan’s Nikkei added 1%, bringing the weekly gain to 1.7%, while MSCI’s broadest index of Asia-Pacific shares outside Japan also gained 1.1% and was up 0.6% on the week. Hong Kong’s Hang Seng index jumped 1.5% while China’s bluechips eked out a modest gain of 0.1%.In the US, Dow finished up 1.0% at 38,519.84, the S&P 500 rose 1.3% and the Nasdaq jumped 1.3% percent to 15,361.64. Oil headed for the biggest weekly loss since early November as negotiations advance for an agreement to pause the Israel-Hamas war in what could be a crucial step toward ending the conflict.