Asian Stocks Get Boost from U.S. Earnings

Asian stocks ended mostly higher Wednesday, buoyed by strong earnings reports from Apple and Goldman Sachs.
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NEW YORK (

TheStreet

) -- Asian stocks ended mostly higher Wednesday, buoyed by strong earnings reports from

Apple

(AAPL) - Get Report

and

Goldman Sachs

(GS) - Get Report

.

The Nikkei 225 stock average in Tokyo rose 189.37 points, or 1.7%, to 11,090.05. Shanghai's benchmark index gained 1.8%.

The Hang Seng index in Hong Kong was a laggard, falling 0.5% on Wednesday.

Stocks in London were down 0.3% while Frankfurt shares were rising 0.05%.

Apple

Tuesday posted adjusted earnings of $3.33 a share for the fiscal second quarter, up from the $1.79 profit in the year-ago quarter and well above the analysts' estimates of $2.45.

Goldman Sachs

, meanwhile, delivered impressive first-quarter earnings Tuesday, driven by surging trading revenue, overshadowing for a day at least the

Securities and Exchange Commission's

civil fraud charges against the Wall Street company.

Premarket futures in the U.S. suggest stocks will open mixed Wednesday.

On Tuesday, the

Dow Jones Industrial Average

rose 25.01, or 0.2%, to 11,117.06. The

S&P 500

rose 0.8% and the

Nasdaq

composite index gained 0.8%.

-- Reported by Joseph Woelfel in New York.

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