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Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting -- The stock market extended its advance into a fourth day as bond yields fell after another inflation report reinforced speculation that the Federal Reserve is approaching an interest-rate peak.
TOKYO — Asian shares rose Thursday, boosted by Wall Street's return to its highest level in more than a year after a report showed U.S. consumer inflation cooled a bit more than expected last month. Japan's benchmark Nikkei 225 rose 1.3% in morning trading to 32,358.33. Australia's S&P/ASX 200 added 1.4% to 7,236.80. South Korea's Kospi jumped nearly 1.0% to 2,599.75. Hong Kong's Hang Seng surged 2.3% to 19,296.71, while the Shanghai Composite gained 0.8% to 3,220.19.
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