Stock Market Live Updates 01 November 2023: Asian markets soar at open, fuelled by Wall Street gains and weaker Yen

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Japanese stocks surged at the opening on Wednesday, propelled by gains on Wall Street and a weakening yen.

In early trading, the Nikkei benchmark index skyrocketed by 1.76%, or 543.46 points, reaching 31,402.31, while the broader Topix index also saw a significant increase of 1.97%, or 44.32 points, landing at 2,298.04.

Meanwhile, South Korea’s KOSPI is currently trading 1.08% higher at 2,302.48, and Australia’s S&P ASX200 is up 0.38% at 6,806.60 points.

In the United States, the Dow Jones Industrial Average posted a 0.38% gain, rising by 123.91 points to close at 33,052.87. Similarly, the S&P 500 climbed by 0.65%, adding 26.98 points to finish at 4,193.8. The Nasdaq Composite also ended positively, with an increase of 0.48%, or 61.76 points, closing at 12,851.24.

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