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Asia shares rise on US rally ahead of expected Fed rate hike

FILE - Pedestrians pass the New York Stock Exchange, Thursday, May 5, 2022, in the Manhattan borough of New York. Stocks are opening broadly lower on Wall Street and Treasury yields are rising ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 index was off 1.2% in the early going Tuesday, Sept. 20, 2022. (AP Photo/John Minchillo) A person wearing a protective mask waits for traffic signal in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, Sept. 21, 2022, in Tokyo. Asian shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve in its bid to squash the highest inflation in decades.(AP Photo/Eugene Hoshiko) People wearing protective masks walk in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, Sept. 21, 2022, in Tokyo. Asian shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve in its bid to squash the highest inflation in decades. (AP Photo/Eugene Hoshiko) People wearing protective masks ride bicycle in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, Sept. 21, 2022, in Tokyo. Asian shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve in its bid to squash the highest inflation in decades.(AP Photo/Eugene Hoshiko) FILE - Pedestrians pass the New York Stock Exchange, Thursday, May 5, 2022, in the Manhattan borough of New York. Stocks are opening broadly lower on Wall Street and Treasury yields are rising ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 index was off 1.2% in the early going Tuesday, Sept. 20, 2022. (AP Photo/John Minchillo) FILE - Pedestrians pass the New York Stock Exchange, Thursday, May 5, 2022, in the Manhattan borough of New York. Stocks are opening broadly lower on Wall Street and Treasury yields are rising ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 index was off 1.2% in the early going Tuesday, Sept. 20, 2022. (AP Photo/John Minchillo) FILE - Pedestrians pass the New York Stock Exchange, Thursday, May 5, 2022, in the Manhattan borough of New York. Stocks are opening broadly lower on Wall Street and Treasury yields are rising ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 index was off 1.2% in the early going Tuesday, Sept. 20, 2022. (AP Photo/John Minchillo) FILE - Pedestrians pass the New York Stock Exchange, Thursday, May 5, 2022, in the Manhattan borough of New York. Stocks are opening broadly lower on Wall Street and Treasury yields are rising ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 index was off 1.2% in the early going Tuesday, Sept. 20, 2022. (AP Photo/John Minchillo) FILE - Pedestrians pass the New York Stock Exchange, Thursday, May 5, 2022, in the Manhattan borough of New York. Stocks are opening broadly lower on Wall Street and Treasury yields are rising ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 index was off 1.2% in the early going Tuesday, Sept. 20, 2022. (AP Photo/John Minchillo) FILE - Pedestrians pass the New York Stock Exchange, Thursday, May 5, 2022, in the Manhattan borough of New York. Stocks are opening broadly lower on Wall Street and Treasury yields are rising ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 index was off 1.2% in the early going Tuesday, Sept. 20, 2022. (AP Photo/John Minchillo) FILE - Pedestrians pass the New York Stock Exchange, Thursday, May 5, 2022, in the Manhattan borough of New York. Stocks are opening broadly lower on Wall Street and Treasury yields are rising ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 index was off 1.2% in the early going Tuesday, Sept. 20, 2022. (AP Photo/John Minchillo) FILE - Pedestrians pass the New York Stock Exchange, Thursday, May 5, 2022, in the Manhattan borough of New York. Stocks are opening broadly lower on Wall Street and Treasury yields are rising ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 index was off 1.2% in the early going Tuesday, Sept. 20, 2022. (AP Photo/John Minchillo) FILE - Pedestrians pass the New York Stock Exchange, Thursday, May 5, 2022, in the Manhattan borough of New York. Stocks are opening broadly lower on Wall Street and Treasury yields are rising ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 index was off 1.2% in the early going Tuesday, Sept. 20, 2022. (AP Photo/John Minchillo) FILE - Pedestrians pass the New York Stock Exchange, Thursday, May 5, 2022, in the Manhattan borough of New York. Stocks are opening broadly lower on Wall Street and Treasury yields are rising ahead of a key decision on interest rates by the Federal Reserve. The S&P 500 index was off 1.2% in the early going Tuesday, Sept. 20, 2022. (AP Photo/John Minchillo) FILE - The New York Stock Exchange on June 29, 2022, in New York. Stocks are opening lower on Wall Street on Monday, Sept. 19, as investors brace for another big interest rate increase this week from the Federal Reserve. (AP Photo/Julia Nikhinson, File) FILE - The New York Stock Exchange on June 29, 2022, in New York. Stocks are opening lower on Wall Street on Monday, Sept. 19, as investors brace for another big interest rate increase this week from the Federal Reserve. (AP Photo/Julia Nikhinson, File) FILE - The New York Stock Exchange on June 29, 2022, in New York. Stocks are opening lower on Wall Street on Monday, Sept. 19, as investors brace for another big interest rate increase this week from the Federal Reserve. (AP Photo/Julia Nikhinson, File) FILE - The New York Stock Exchange on June 29, 2022, in New York. Stocks are opening lower on Wall Street on Monday, Sept. 19, as investors brace for another big interest rate increase this week from the Federal Reserve. (AP Photo/Julia Nikhinson, File) A person wearing a protective mask walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Tuesday, Sept. 20, 2022, in Tokyo. Asian shares mostly rose Tuesday, after Wall Street closed higher on expectations for another big interest rate increase this week from the U.S. Federal Reserve. (AP Photo/Eugene Hoshiko) People walk in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Tuesday, Sept. 20, 2022, in Tokyo. Asian shares mostly rose Tuesday, after Wall Street closed higher on expectations for another big interest rate increase this week from the U.S. Federal Reserve. (AP Photo/Eugene Hoshiko) A person wearing a protective mask walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Tuesday, Sept. 20, 2022, in Tokyo. Asian shares mostly rose Tuesday, after Wall Street closed higher on expectations for another big interest rate increase this week from the U.S. Federal Reserve. (AP Photo/Eugene Hoshiko) A person wearing a protective mask stands in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Tuesday, Sept. 20, 2022, in Tokyo. Asian shares mostly rose Tuesday, after Wall Street closed higher on expectations for another big interest rate increase this week from the U.S. Federal Reserve. (AP Photo/Eugene Hoshiko) A person wearing a protective mask walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Tuesday, Sept. 20, 2022, in Tokyo. Asian shares mostly rose Tuesday, after Wall Street closed higher on expectations for another big interest rate increase this week from the U.S. Federal Reserve. (AP Photo/Eugene Hoshiko)
Asia shares rise on US rally ahead of expected Fed rate hike