Asian Markets Follow Wall Street’s Recovery, in Partial Comeback<br />“As we look forward, the market drivers of better economic prospects<br />and higher profits have not changed at all,” Steve M. Duryee, a portfolio manager at Morgan Stanley’s Bergman Continuum Group, a wealth management firm, said in an email to clients<br />Futures contracts that track stocks in the United States were only a bit lower, suggesting<br />Wall Street’s wild ride may slow down after several dramatic days of dips and bumps.<br />Inflation could spur the Federal Reserve to raise interest rates faster than many had expected, essentially<br />making it more expensive for people around the world to borrow and pay back loans in American dollars.<br />HONG KONG — Asian markets followed Wall Street’s lead and rose on Wednesday, making up some —<br />but not most — of the ground they gave up during a global sell-off the day before.<br />Growth, wages and other measures of economic health in the United States remain healthy, giving investors reasons to start buying stocks again.
