Asian Stocks Rise for First Time in Three Days After U.S. Debate
- S&P 500 futures climb after conclusion of first debate
- Investors see Clinton as winner of first contest with Trump
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Asian stocks rose for the first time in three days as investors viewed Democratic candidate Hillary Clinton as having gotten the upper hand in the first U.S. presidential debate against Republican nominee Donald Trump.
The MSCI Asia Pacific Index rose 0.7 percent to 141.85 as of 4:30 p.m. in Hong Kong after sliding as much as 0.9 percent earlier, as S&P 500 Index futures climbed 0.4 percent. The Topix index reversed a drop of as much as 1.7 percent and closed 1 percent higher. In a little more than 90 minute face-off, Trump and Clinton sparred on several key issues including foreign policy, trade, taxes, ISIS and nuclear weapons.