Asian Shares Inched Up To A 10 Year High On Wednesday - Dollar Advisory & Financial Services

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Wednesday 13 September 2017

Asian Shares Inched Up To A 10 Year High On Wednesday

Asian shares inched up to a 10-year high on Wednesday, cheered by record highs on Wall Street, while the dollar's rise against the yen helped boost Japanese shares.

The S&P 500 , Dow Jones industrials and Nasdaq Composite all marked record finishes as investors' concerns faded about North Korean tensions as well as the impact of Hurricane Irma.

Gains were kept in check, however, by a decline in shares of Apple Inc after it unveiled its newest line of iPhones. Apple fell 0.6 percent but pared some losses in afterhours trade.

The new iPhone's sales will have repercussions beyond Apple for many suppliers as well as its rivals.

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