Japan stocks rise; most Asian markets on holiday

Courtesy Newsvine - business  Fri, 05/01/2009 - 00:55

Japanese stocks advanced while those in Australia and New Zealand dipped in quiet trading Friday with most of the region's markets closed and investors awaiting key events in the coming week.


 

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japans economy

Wall Street has grown more confident that the nation's economy, while not yet healthy, is nearing a bottom. That optimism was stoked by reassuring comments about the economy from the Federal Reserve on Wednesday, and a government report Thursday revealing a decline in last week's jobless claims.

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