NEW YORK: Global stocks advanced for a fourth consecutive day - on track for the best winning streak in more than two months - on signs of progress in trade negotiations and after Federal Reserve officials indicated they would be open to cutting rates earlier than anticipated.
Shares in South Korea rose 0.8 per cent as Treasury Secretary Scott Bessent said the US may reach an "agreement of understanding” on trade as soon as next week. The Nikkei-225 rose as much as 1.8 per cent as the yen declined on positive comments from the US-Japan trade talks. A gauge of the dollar edged up while Treasuries held gains from Thursday (April 24).
