(Bloomberg) — Asian stocks started the week higher after their U.S. peers chalked fresh records and Treasury yields stabilized after jumping Friday.
Shares in Japan outperformed and Hong Kong opened higher. China rose after the central bank cut the amount of cash most banks must hold in reserve to buttress a slowing economic expansion. Australia saw a more modest advance amid a prolonged lockdown in the largest city, Sydney. U.S. contracts fluctuated. The S&P 500 finished last week at…
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