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Asian shares advance following rebound on Wall Street
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BANGKOK – Shares advanced in Asia on Tuesday, lifted by a surge in oil prices and an overnight rebound on Wall Street thanks to a solid showing from big technology companies.
Shares rose in Hong Kong, Sydney and Singapore. Markets in Tokyo, Shanghai and Seoul were closed for a holiday. A recovery in oil prices was helping drive gains in Asia on Tuesday as the U.S.
benchmark added $1.79, or nearly 9%, to $22.18 per barrel in electronic trading on the New York Mercantile Exchange. It climbed 61 cents on Monday to $20.39.
Brent crude, the standard for international pricing, picked up $1.58 to $28.78 per barrel. “The feeling on the floor is that energy is in a better spot, and while it’s not brilliant, the supply/demand equation is starting
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COVID-19
United States
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India
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