· The Dow Jones Industrial Average rose 238.51 points, or 0.99 percent, to 24,322.34, the S&P 500 gained 27.54 points, or 1.04 percent, to 2,666.94 and the Nasdaq Composite added 114.94 points, or 1.64 percent, to7,118.68.
U.S. stocks advanced on Thursday with each of Wall Street’s major indexes ending the session up 1 percent or higher, boosted by solid earnings results and a rebound in technology stocks as U.S. bond yields pulled back.
· Asia markets opened higher on Friday, after strong quarterly results from some of the biggest U.S. companies helped gains on Wall Street.
· In Australia, the ASX 200 rose 0.6 percent in early trade, with most sectors gaining. The heavily weighted financial sector was up 0.24 percent while energy and materials added 0.78 percent and 0.7 percent, respectively.
· Japan's Nikkei 225 gained 0.27 percent and the Topix index added 0.12 percent.
The Bank of Japan is set to issue its latest monetary policy outlook report later in the day. The central bank is expected to stay on hold.
· In South Korea, the Kospi rose 1.11 percent.
Investors will be watching for developments when North Korean leader Kim Jong Un meets South Korean President Moon Jae-in during the Inter-Korean Summit to discuss peace and denuclearization.
Reference: Reuters, CNBC
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