Asian stock markets are mostly higher on Wednesday, following the broadly positive cues from global markets overnight, reflecting a positive reaction to upbeat earnings news from US financial companies and renewed optimism over upcoming earnings. Traders also continue to pick up battered stocks at a bargain following the recent market weakness. Asian Markets closed mostly higher on Tuesday.
The Australian stock market is modestly higher in choppy trading on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 6,800 level, following the broadly positive cues from global markets overnight, as traders remain cautious and pick up battered stocks at a bargain following the recent market weakness.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.