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Asian shares hang on to gains, commodities battered

MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat on the day, though it held on to gains of 1.7 per cent so far this week.

 
 
The Dow Jones industrial average rose 247.66 points, or 1.42 per cent, to 17,737.16, the S&P 500 gained 33.14 points, or 1.62 per cent, to 2,083.58.
MSCI's broadest index of Asia-Pacific shares outside Japan were little changed, while a softer yen helped Japan's Nikkei rise 1.0 per cent.
The stock is down 29 per cent since Twitter's July 28 earnings report, when it warned that boosting its user growth rate will take a long time.
 
 
MSCI's broadest index of Asia-Pacific shares outside Japan added 0.6 per cent. Australia's main index rose 1.1 per cent, aiming for a third straight session of gains.
"Low unemployment, continued growth and faith in a coming return of inflation means the country is ready for higher interest rates," said Janet Yellen.
The White House confirmed that there was no indication of cyber-attacks in the trade suspension of the New York Stock Exchange.
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