- 'Difficult day': Oct 7 commemorations begin with festival memorial
- Commemorations begin for anniversary of attack on Israel
- Lewandowski hat-trick powers Liga leaders Barca to Alaves victory
- 'Nothing gets in way of team,' says Celtics' MVP hopeful Tatum
- India maintain Pakistan stranglehold as Windies cruise at Women's T20 World Cup
- 'We will win!': Mozambique's ruling party confident at final vote rally
- Tunisia voting ends as Saied eyes re-election with critics behind bars
- Florida braces for Milton, FEMA head slams 'dangerous' Helene misinformation
- Postecoglou slams 'unacceptable' Spurs after 'terrible' loss at Brighton
- Marmoush double denies Bayern outright Bundesliga top spot
- Rallies worldwide call for Gaza, Lebanon ceasefire
- Maresca hails Chelsea's 'fighting' spirit after draw with 10-man Forest
- New 'Joker' film, a dark musical, tops N.America box office
- Man Utd stalemate keeps Ten Hag in danger, Spurs rocked by Brighton
- Drowned by hurricane, remote N.Carolina towns now struggle for water
- Vikings hold off Jets in London to stay unbeaten
- Ahead of attack anniversary, Netanyahu says: 'We will win'
- West Indies cruise to T20 World Cup win over Scotland
- Arshdeep, Chakravarthy help India hammer Bangladesh in T20 opener
- Lewandowski's quickfire hat-trick powers Liga leaders Barca to Alaves victory
- Man Utd fire another blank in Aston Villa stalemate
- Lewandowski treble powers Liga leaders Barca to Alaves victory
- Russian activist killed on front line in Ukraine
- Openda strike briefly sends Leipzig top of Bundesliga
- Goal-shy Man Utd have to 'step up', says Ten Hag
- India bowl out Bangladesh for 127 in T20 opener
- Madueke rescues Chelsea in draw with 10-man Forest
- Beckett's belief rewarded as Bluestocking storms to Arc glory
- Trump on the stump, Harris hits airwaves in razor-edge US election
- Flash flooding kills three in northern Thailand
- Kaur leads India to victory over Pakistan in Women's T20 World Cup
- Juventus held by Cagliari after late penalty drama
- In France's Marseille, teen 'stabbed 50 times' then burned alive
- Ruthless Gauff beats Muchova in straight sets to win China Open
- India restrict Pakistan to 105-8 in Women's T20 World Cup
- England target repeat of Pakistan Test whitewash
- Penrith Panthers win fourth straight NRL title after downing Storm
- Weary Sinner happy for day off after battling into Shanghai last 16
- Pakistan's Masood warns England still a force without Stokes
- Madrid's Carvajal to miss several months after serious knee injury
- Israel pounds Lebanon ahead of Hamas attack anniversary
- Two elephants die in flash flooding in northern Thailand
- Sabalenka targets world number one and Wuhan hat-trick
- Toddler among 4 dead in migrant Channel crossings
- Tunisia votes with Saied set for re-election
- Bagnaia sets 'example' with Japan MotoGP win to cut gap on Martin
- Intense Israeli bombing rocks Beirut ahead of war anniversary
- Mozambique vote: no suspense but some disillusion
- Austrian rapper channels anti-racist rage in Romani hip-hop songs
- Ohtani magic powers Dodgers over Padres in MLB playoff thriller
Markets rally on US data after Dow hits record on Wall St
Asian and European markets rose Friday after a record day on Wall Street, boosted by a strong round of US data that reassured investors over the health of the world's top economy, while focus turns to the release of key inflation figures.
With the much-hyped earnings report from bellwether chip titan Nvidia now in the rearview mirror, traders are once again able to concentrate on economic matters and the Federal Reserve's plans for interest rate cuts.
Thursday did not disappoint, with figures showing gross domestic product expanded more than initially thought in the second quarter, while jobless claims dipped.
The news indicated the central bank was achieving its goal of guiding the economy to a soft landing at the same time as it brings prices under control.
Next up is the Fed's preferred gauge of inflation later Friday, followed by the closely watched non-farm payrolls report a week later, which will play a major role in whether the Fed cuts borrowing costs next month and, if so, by how much.
While bank chief Jerome Powell said last week that it was time to begin lowering rates, some decision-makers remain cautious.
Luca Santos at ACY Securities pointed out that after Powell's speech, Atlanta Fed boss Raphael Bostic "hinted at a cautious stance regarding a rate cut in September, stressing the need for more data to avoid making a move that could lead to more rate hikes down the line".
"His comments underscore how pivotal the upcoming jobs report will be in determining the Fed's next steps," he added.
US markets ended on a mixed note, with the Nasdaq and S&P 500 weighed by a 6.4 percent drop in Nvidia after it released what was considered a disappointing earnings report.
However, the Dow bucked the trend and ended a fresh record high.
Asia ended the week on a high, with tech firms that took a hit Thursday as part of an Nvidia-fuelled retreat clawing back some of their losses.
Hong Kong climbed more than one percent, while there were also healthy gains in Tokyo, Shanghai, Sydney, Seoul, Singapore, Mumbai, Jakarta, Bangkok, Taipei, Wellington and Manila.
London opened on the front foot, with Paris also up after data showed French inflation hit a three-year low of 1.9 percent in August and the country's economy grew at a slower pace than previously estimated in the second quarter.
Frankfurt fell after closing at a record high on Thursday.
- Key figures around 0710 GMT -
Tokyo - Nikkei 225: UP 0.7 percent at 38,647.75 (close)
Hong Kong - Hang Seng Index: UP 1.6 percent at 18,073.20
Shanghai - Composite: UP 0.7 percent at 2,842.21 (close)
London - FTSE 100: UP 0.3 percent at 8,407.38
Dollar/yen: UP at 145.00 yen from 144.93 yen on Thursday
Euro/dollar: UP at $1.1079 from $1.1077
Pound/dollar: UP at $1.3171 from $1.3170
Euro/pound: UP at 84.12 pence from 84.11 pence
West Texas Intermediate: UP 0.5 percent at $76.25 per barrel
Brent North Sea Crude: UP 0.4 percent at $80.28 per barrel
New York - Dow: UP 0.6 percent at 41,335.05 (close)
H.E.Young--AMWN