Asian Markets Track Wall Street Higher

Asian stock markets is trading mostly higher on Monday, following the positive cues from Wall Street on Friday, as traders reacted positively to raising optimism about the health of the world's second-largest economy after data showed Chinese manufacturing activity unexpectedly expanded in August. Asian markets closed mixed on Friday.

Data showing an increase in the unemployment rate in the U.S. has also added to optimism the Federal Reserve will leave interest rates unchanged later this month, but traders continued to express some uncertainty about future meetings.

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by RTTNews Staff Writer

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