Asian Markets Mostly Higher on Wave of Wall Street Comeback

Asian markets finished mostly higher Thursday as investors reacted favorably to Wall Street’s recovery from a three-day selloff.The Nikkei index in Tokyo closed 0.8% higher. Sydney’s S&P/ASX index was up 0.5%. The KOSPI index in Seoul finished 0.8% higher, while the TSEC in Taipei was up 0.6%.Shanghai’s Composite index fell 0.6%.In late afternoon trading, Hong Kong’s Hang Seng index was down 0.3%, while Mumbai’s Sensex was up 1.2%.Meanwhile, all three major European indices were trading lower at the start of their trading day.In commodities trading, gold was selling at $1,952.60 an ounce, down 0.1%. U.S. crude oil was selling at $37.61 per barrel, down 1.1%, and Brent crude oil was selling at $40.46 per barrel, down 0.8%.All three major U.S. indices were slumping in futures trading.
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