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Asian Stocks Follow Wall Street Higher as Irma Damage Off by $150 Billion

Posted on September 12th, 2017.

Asian stocks rose sharply on Tuesday, following Wall Street’s record-breaking rally after Irma’s westward shift probably saved Florida $150 billion in damages. Asia Markets Rise Asian equity markets followed their U.S. counterparts higher on Tuesday, with Japanese stocks leading the rally. Japan’s Nikkei 225 Index is up...

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Asian Market Update – Monday: Asian stocks gain on calm Korean tension, downgrade of US hurricane Irma

Posted on September 11th, 2017.

The Big Question: The Korean Peninsula remains calm, but for how long? Major equity markets in the Asia Pacific surged on Monday, as tensions on the Korean Peninsula remained relatively calm over the weekend and hurricane Irma was downgraded after making landfall in Florida. In Japan, the Nikkei 225 jumped 1.38 percent to 19,541.36...

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Insurance Sector Weighs on Wall Street as Hurricane Irma Approaches Florida

Posted on September 8th, 2017.

U.S. stocks traded mixed on Thursday, as the insurance sector slumped in anticipation of Hurricane Irma making landfall. Insurers Fall Hard on Storm Concerns The S&P 500’s financial index declined 1.7% on Thursday, with insurance providers shouldering the heaviest loss. Insurers shed 1.9% in anticipation of a potentially...

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