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Asian shares rise on back of Wall Street rally

FILE - Pedestrians pass the New York Stock Exchange, May 5, 2022, in the Manhattan borough of New York. Stocks are opening higher on Wall Street as the market builds on a rally last week that broke a three-week losing streak. The S&P 500 index was up a bit more than half a percent, as was the Nasdaq composite. The Dow Jones Industrial Average was up a little less than half a percent. (AP Photo/John Minchillo) Currency traders and an employee watch computer monitors near the screens showing the foreign exchange rate between U.S. dollar and South Korean won, left, and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a foreign exchange dealing room in Seoul, South Korea, Tuesday, Sept. 13, 2022. Asian stocks followed Wall Street higher on Tuesday ahead of data traders hope will show surging U.S. inflation eased in August, reducing pressure for more interest rate hikes. (AP Photo/Ahn Young-joon) Currency traders watch computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Tuesday, Sept. 13, 2022. Asian stocks followed Wall Street higher on Tuesday ahead of data traders hope will show surging U.S. inflation eased in August, reducing pressure for more interest rate hikes.(AP Photo/Ahn Young-joon) A currency trader watches computer monitors near the screens showing the foreign exchange rates at a foreign exchange dealing room in Seoul, South Korea, Tuesday, Sept. 13, 2022. Asian stocks followed Wall Street higher on Tuesday ahead of data traders hope will show surging U.S. inflation eased in August, reducing pressure for more interest rate hikes. (AP Photo/Ahn Young-joon) FILE - Pedestrians pass the New York Stock Exchange, May 5, 2022, in the Manhattan borough of New York. Stocks are opening higher on Wall Street as the market builds on a rally last week that broke a three-week losing streak. The S&P 500 index was up a bit more than half a percent, as was the Nasdaq composite. The Dow Jones Industrial Average was up a little less than half a percent. (AP Photo/John Minchillo) FILE - Pedestrians pass the New York Stock Exchange, May 5, 2022, in the Manhattan borough of New York. Stocks are opening higher on Wall Street as the market builds on a rally last week that broke a three-week losing streak. The S&P 500 index was up a bit more than half a percent, as was the Nasdaq composite. The Dow Jones Industrial Average was up a little less than half a percent. (AP Photo/John Minchillo) FILE - Pedestrians pass the New York Stock Exchange, May 5, 2022, in the Manhattan borough of New York. Stocks are opening higher on Wall Street as the market builds on a rally last week that broke a three-week losing streak. The S&P 500 index was up a bit more than half a percent, as was the Nasdaq composite. The Dow Jones Industrial Average was up a little less than half a percent. (AP Photo/John Minchillo) FILE - Pedestrians pass the New York Stock Exchange, May 5, 2022, in the Manhattan borough of New York. Stocks are opening higher on Wall Street as the market builds on a rally last week that broke a three-week losing streak. The S&P 500 index was up a bit more than half a percent, as was the Nasdaq composite. The Dow Jones Industrial Average was up a little less than half a percent. (AP Photo/John Minchillo) FILE - Pedestrians pass the New York Stock Exchange, May 5, 2022, in the Manhattan borough of New York. Stocks are opening higher on Wall Street as the market builds on a rally last week that broke a three-week losing streak. The S&P 500 index was up a bit more than half a percent, as was the Nasdaq composite. The Dow Jones Industrial Average was up a little less than half a percent. (AP Photo/John Minchillo) A person looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Sept. 12, 2022, in Tokyo. Shares rose Monday in Asia after last week’s strong close on Wall Street, which snapped a three-week losing streak. (AP Photo/Eugene Hoshiko) People wearing protective mask stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Sept. 12, 2022, in Tokyo. Shares rose Monday in Asia after last week’s strong close on Wall Street, which snapped a three-week losing streak. (AP Photo/Eugene Hoshiko) A person looks at an electronic stock board showing Japan's stock prices at a securities firm Monday, Sept. 12, 2022, in Tokyo. Shares rose Monday in Asia after last week’s strong close on Wall Street, which snapped a three-week losing streak.(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 Monday, Sept. 12, 2022, in Tokyo. Shares rose Monday in Asia after last week’s strong close on Wall Street, which snapped a three-week losing streak. (AP Photo/Eugene Hoshiko) A person wearing a protective mask rides a bicycle in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Sept. 12, 2022, in Tokyo. Shares rose Monday in Asia after last week’s strong close on Wall Street, which snapped a three-week losing streak. (AP Photo/Eugene Hoshiko)
Asian shares rise on back of Wall Street rally