Japanese stocks spiked after the U.S. Federal Reserve elected to keep interest rates steady and softened language about further tightening, which also spurred a rally in U.S. shares.
The Nikkei 225 Stock Index climbed 1.5% to 17,419.20 and the Topix index added 1.4 percent. Sony(SNE Quote) drove the gains with a 1.5% jump following a government report that showed Japan's trade surplus widened 7.7 percent in February. Elsewhere, the Shanghai Composite Index surged 0.45%, getting back into the black from the February selloff, and the Hang Seng Index closed up 0.89%. South Korea and Thailand traded moderately higher on the day. Other Asian markets were up as well , with Singapore's Straits Times Index rising 2.02% and Taiwan's Taiex advancing 0.86%.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,197.47 | 1,087.24 | 2,149.02 | 34.46 |
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