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Asia stocks lifted by Wall St winning streak, Iran

7:04 AM, Nov 25, 2013   |    comments
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BANGKOK (AP) - Asian stock markets rose today after Wall Street posted its seventh straight week of gains and a nuclear deal between world powers and Iran boosted sentiment.

Appetite for stocks was energized by Wall Street's string of milestones and an easing of political risk signaled by the first significant progress in years to curtail Iran's nuclear ambitions.

Wall Street continued to be lifted by the Federal Reserve's super easy monetary policy, signs of gradual improvement in the U.S. economy and rising company profits.

Benchmark U.S. crude oil fell to just above $94 a barrel. The dollar gained against the yen and was little changed against the euro.

 

 

 

 

 

Associated Press

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