Asian markets were up on Friday following a US stock rally on Thursday, driven by a better-than-expected unemployment report. The Nikkei 225 gained 1.6% to 35,380.23, while Hong Kong’s Hang Seng rose 1.9% to 17,211.26. US futures and oil prices increased. The S&P 500 climbed 2.3% and the Nasdaq 2.9% after strong earnings reports. Treasury yields rose to 3.99%, and oil prices edged up.
Asian Stocks Rise as US Market Rebounds After Strong Job Data
