Asian markets rally on US data after Dow hits record on Wall St


- Photo: AP

HONG KONG: Asian markets rose Friday (Aug 30) after a record day on Wall Street, boosted by a strong round of US data that reassured investors over the health of the world's top economy, while focus turns to the release of key inflation figures.

With the much-hyped earnings report from bellwether chip titan Nvidia now in the rearview mirror, traders are once again able to concentrate on economic matters and the Federal Reserve's plans for interest rate cuts.

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