SYDNEY (Oct 25): Asian shares edged higher on Tuesday while the dollar stood firm as upbeat U.S. earnings boosted Wall Street and factory surveys in the United States and Europe boasted their best readings so far this year. MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.1 percent with most components yet to trade. Wall Street took encouragement from upbeat corporate results and the Dow rose 0.46 percent, while the S&P 500 gained 0.47 percent and the Nasdaq or 0.91 percent. Another third of the S&P 500 components are scheduled to report earnings this week, including heavyweights Apple, Alphabet, Amazon and Boeing. The dollar remained firm on the yen at 104.28 while the euro struggled at $1.0870.
Source: The Edge Markets October 24, 2016 23:37 UTC