Asian equities were set to climb Thursday after US stocks hit fresh highs as investors positioned for a second Donald Trump presidency. Treasuries tumbled and the dollar soared.
Australian stocks and futures contracts for Japanese stocks advanced, echoing the gains on Wall Street. The S&P 500 climbed 2.5% Wednesday, its best post-Election Day in history, and the Nasdaq 100 rose 2.7% to each set new highs. Meanwhile, the Federal Reserve is expected to cut interest rates on Thursday.
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