U.S. debt deal helps Asian-Pacific markets bounce back

08/1/2011 | Wall Street Journal, The

Asian-Pacific stock markets advanced Monday after U.S. President Barack Obama and congressional leaders reached a deal to raise the debt ceiling. Japan's Nikkei 225 and Australia's S&P/ASX 200 gained 1.9%. South Korea's Kospi Composite climbed 1.8%, China's Shanghai Composite edged up 0.2%, Hong Kong's Hang Seng Index added 1.5% and India's Sensex rose 0.8%.

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Wall Street Journal, The

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