Asian Stocks Gain Ahead of Key US Inflation Data: Markets Wrap
- Japanese shares climb, with several key regional markets shut
- S&P 500 notches 22nd record close this year in stellar rally
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Shares in Asia rose following gains on Wall Street, with focus shifting to key US consumer price data due later Friday.
Benchmarks in Japan, South Korea and mainland China showed modest increases, after US stocks wrapped up the first quarter on a positive note. Investors are bracing for a print of the Federal Reserve’s preferred consumer price reading for fresh clues about its policy outlook.