Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Asian stocks rise after Wall Street's rebound; Shanghai climbs more than 2 percent


BEIJING — Asian stocks rose Thursday after Wall Street soared overnight, breaking a six-day string of losses. The recovery brought a measure of relief to many investors, although experts warned that more volatility could be ahead.

The Shanghai Composite Index, whose sharp drop Monday triggered a global sell-off, rose 2.2 percent to 2,992.99 points, rebounding from several days' declines. Tokyo's Nikkei 225 was up 2 percent at 18,753 and Seoul's Kospi gained 1.1 percent to 1,915.70.


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