Asia Stocks Rise As Techs Lift Wall Street Italy Still A Worry


TOKYO – Asian stocks rose on Wednesday after tech sector strength lifted Wall Street shares while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.5 percent, as did Japan’s Nikkei .N225.

A firmer-than-expected print on first quarter growth lifted Australian stocks by 0.4 percent.

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