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Asian stocks rise after vaccine optimism drives Wall St to record highs

Asian markets were set to climb on Wednesday after Wall Street indexes closed at record highs as investors grow increasingly hopeful about a vaccine to combat rising COVID-19 cases and an economic recovery. “We’ve had some positive leads, and a combination of optimism around the vaccine, and government and central bank stimulus remains in place,” said Michael McCarthy, chief markets strategist at CMC Markets. The futures contract for the Nikkei 225 index rose 0.15% on Wednesday while Hong Kong’s Hang Seng index futures rose 0.31%.

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