Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimism that US lawmakers will eventually reach an agreement on raising the U.S. debt ceiling. US President Joe Biden reassured his citizens that "America will not default." Asian Markets closed mixed on Wednesday.
The Australian stock market is notably higher on Thursday, recouping the losses in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 7,200 level, following the broadly positive cues from Wall Street overnight, with gains in mining and energy stocks amid firmer commodity prices. Technology stocks also were strong.
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Business News
September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.