Asian stock markets break six-day run of losses

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Asian stocks rose after Wall Street soared overnight&comma; breaking a six-day string of losses&period;<&sol;p>&NewLine;<p>The recovery brought a measure of relief to many investors&comma; although experts warned that more volatility could be ahead&period;<&sol;p>&NewLine;<p>The Shanghai Composite Index&comma; whose sharp drop on Monday triggered a global sell-off&comma; rose 2&period;2&percnt; to 2&comma;992&period;99 points&comma; rebounding from several days’ declines&period; Tokyo’s Nikkei 225 was up 2&percnt; at 18&comma;753 and Seoul’s Kospi gained 1&period;1&percnt; to 1&comma;915&period;70&period;<&sol;p>&NewLine;<p>The gains came after Wall Street rocketed up overnight&period; The Dow Jones industrial average soaring more than 600 points&comma; or 4&percnt;&period; That was its third-biggest point gain of all time and its largest since October 28&comma; 2008&period;<&sol;p>&NewLine;<p>Hong Kong’s Hang Seng advanced 2&period;3&percnt; to 21&comma;573&period;56 and Sydney’s S&&num;038&semi;P ASX 200 gained 1&period;6&percnt; to 5&comma;254&period;00&period; Benchmarks in Taiwan&comma; Singapore&comma; Bangkok and Jakarta also rose&period;<&sol;p>&NewLine;<p>Traders were encouraged by comments from William Dudley&comma; president of the New York Federal Reserve Bank&comma; that the case for a US interest rate hike in September is &OpenCurlyDoubleQuote;less compelling to me than it was a few weeks ago&comma;” given China’s troubles&comma; falling oil prices and weakness in emerging markets&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Traders took the cue to buy&comma;” said Nicholas Teo of CMC Markets in a report&period;<br &sol;>&NewLine;Following a six-year run-up in US stocks that has pushed major indexes to all-time highs&comma; investors worry the economy could falter if the Fed raises rates too soon&period;<&sol;p>&NewLine;<p>Panicked selling over the past week was triggered by declines in China&comma; but analysts said it had no basis in economic developments&period; The Shanghai index has lost more than 40&percnt; of its value since soaring to a peak June 12 and then plunged despite a multibillion-dollar government intervention&period;<&sol;p>&NewLine;<p>Analysts said there are probably more rollercoaster days ahead because of worries about China and a possible Fed rate increase&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed78c71f37b">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68ed78c71f37b'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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