Asian Stock Markets Explode Higher, Automakers Lead The Way

Nissan Production Assembly Line Engine Japan Factory

Photo: Junko Kimura/Getty Images

Asian stocks are surging, extending the global market rally.Japan’s Nikkei is up 0.8%.

Korea’s Kospi is up 1.6%.

Australia’s S&P/ASX is up 1.2%

Leading the way are Asian automakers following today’s strong U.S. auto sales data.  Toyota Motor and Honda Motor are each up around 3% early in the Asian trading session.

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