Asia Markets: Asian shares close higher in wake of U.S. presidential debate

Stock markets rose broadly across Asia on Tuesday, reversing early declines as investors concluded that U.S. Democratic candidate Hillary Clinton won the first presidential debate.

The Nikkei Stock Average NIK, +0.84% closed up 0.8%, having traded 1.6% lower before the head-to-head with Republican nominee Donald Trump. Hong Kong’s Hang Seng Index HSI, +1.09% gained 1.2% after opening flat, the Shanghai Composite Index SHCOMP, +0.60% and Korea’s Kospi SEU, +0.77% both reversed losses to end up 0.6% and 0.8%, respectively.

Clinton and Trump came together late Monday in the U.S., just as Asian markets opened for trading, presenting starkly different visions of how they would run the world’s largest economy in a no-holds-barred attack on each other’s biggest vulnerabilities.

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