Asia Stocks Rise After Wall Street Soars

Asian stock markets rose Wednesday, powered by the biggest gains of the year on Wall Street after the U.S. Federal Reserve said it expects unemployment in the world’s largest economy to keep falling.

Other good news from the U.S. that drove markets higher included a retail sales report showing a gain of 1.1 percent last month. The government also revised its estimates higher for December and January.

Japan’s Nikkei 225 index jumped 2.1 percent to 10,104.58, as the yen continued its retreat from record highs against the U.S. dollar.


From: http://ping.fm/PSgCd