Asian shares extend gains in thin pre-Christmas trading – CTV News

South Korea’s Kospi climbed 0.4% to 2,997.11, while the S&P/ASX 200 advanced 0.3% to 7,387.60.

On Wednesday, the S&P 500 rose 1% to 4,696.56, the Nasdaq rose 1.2% to 15,521.89 and the Dow Jones Industrial Average rose 0.7% to 35,753.89.

Investors have also been busy shifting money between sectors as the close of the year approaches and they prepare for higher interest rates in 2022.

benchmark crude oil gained 18 cents to US$72.94 per barrel in electronic trading on the New York Mercantile Exchange.

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