Global Markets Today, Sept. 4 -- Asian markets advanced on Thursday, buoyed by an overnight tech-driven rally on Wall Street that boosted the S&P 500 and Nasdaq Composite, despite lingering concerns about the economy pressuring equities.
Japan's Nikkei 225 gained 0.57 per cent in early trade, while the Topix rose 0.41 per cent. Japan's 30-year bond yield hit a record high on Wednesday, marking a 100 basis point increase this year, fueled by elevated inflation, low real interest rates, and ongoing political uncertainty.
In Australia, the S&P/ASX 200 edged up 0.67 per cent. The country is set to release its household spending figures for July later today.
South Korea's Kospi climbed 0.45 per cent, and the Kosdaq added 0.84 per cent.
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