Asia Stocks Edge Up As Techs Lift Wall Street, Italy Still A Worry

Asian stocks edged up on Wednesday after tech sector strength lifted Wall Street shares, while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.1 percent, while Japan’s Nikkei edged down 0.1 percent. Australian stocks rose 0.3 percent. The Nasdaq closed at a record high for the second day in a row on Tuesday with help from the technology and consumer discretionary sectors amid an upbeat outlook for the U.S. economy. 
But The S&P 500 dipped, with the financial sector hit by lower Treasury yields, which can reduce banks’ profits. For More Information Please Visit : www.paceresearchindia.com and Call Now : 8817774774