The Wall Street Journal: Asian stocks driven higher by dollar, U.S. data

Asian shares were broadly higher on Thursday, lifted by solid U.S. economic data that also helped weaken the Japanese yen.

The Nikkei Stock Average NIK, +0.47% closed up 0.5%, as Japanese exporters benefited from the yen’s decline.

Meanwhile, Australia’s S&P ASX 200 XJO, +0.55% ended up 0.6%, Hong Kong’s Hang Seng Index HSI, +0.69% added 0.7%, and Korea’s Kospi SEU, +0.60% closed up 0.6%. Markets in China are closed for the Golden Week holiday.

The yen USDJPY, +0.21% fell 0.3% against the greenback during Asian trade and was down 2.3% over the past week, amid indicators the U.S.

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