On Friday, Japan’s Nikkei 225 hit a 27 year high.  The stock index rose as high as 24,286.10 points. It was last up 1.5%. Shares elsewhere in Asia also rose as high as 24,286.10 points.

Shares elsewhere in Asia also rose, with MSCI’s broadest index of Asia-Pacific shares outside Japan adding 0.1%.

Bluechip rose 1% and country’s major Shanghai composite index was 0.9% higher. Australian shares rose 0.4%, while Seoul’s Kospi gave up ground, falling 0.3%.After hitting 3 months high on Thursday.

On Thursday, the Dow Jones Industrial Average rose 0.21 % to 26,439.93, the S&P 500 gained 0.28 % to 2,914 and the Nasdaq Composite added 0.65 % to 8,041.97.

On Friday, S&P E-mini futures rose 0.1 % to 2,923.5.

Pending home sales fell 1.8 % month-on-month versus consensus expectations for a 0.5 fall. The bullish outlook for the U.S. economy continued to lift the dollar, which was up 0.2 % against the yen at 113.54, and earlier touched a new 2018 high of 113.63.

On Thursday, the euro rose less than 0.1 % to 1.1647 after declining more than 0.8 % on uncertainty over the Italian government’s budget deficit to gross domestic product target. Italy ultimately defied EU requirements that it cut its deficit, targeting a budget deficit at 2.4% of gross domestic product for the next three years.

The dollar index, which tracks the greenback against a basket of six major rivals, was up 0.07 % at 94.959.

U.S. Treasury yields ticked lower. The yield on benchmark 10-year Treasury notes was at 3.0518 % on Friday, compared with its U.S. close of 3.055 % on Thursday.

The two-year yield, closely tied to expectations of higher Fed fund rates, touched 2.8269 % compared with a U.S. close of 2.835 %.

U.S. crude was 0.2 % higher at $72.28 a barrel. Brent crude was mostly flat at $81.73 per barrel.

On Thursday, Gold was slightly higher after tumbling 1%  on power in the U.S. dollar, which made bullion more costly for buyers using other currencies.Spot gold was up 0.16% at $1,184.28 per ounce.

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