Asian shares have advanced, boosted by a rally on Wall Street following reports suggesting the economy and corporate profits may be doing better than feared. Markets remained closed in Shanghai for the Lunar New Year holidays. In Tokyo, data showed the core consumer price index was up 4.3%, slightly higher than expected and higher than the Bank of Japan’s target of 2%. On Thursday, Wall Street stocks climbed to their highest level in nearly eight weeks after the Commerce Department reported that the U.S. economy expanded at a 2.9% annual pace in the last quarter, ending 2022 with momentum despite higher interest rates and widespread fears of a looming recession.
Today is Friday, Jan. 27, the 27th day of 2022. There are 338 days left in the year.
Consider some gifts for kids that will keep on giving long after the blocks, action figures and game systems get relegated to the back of a closet or attic.
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