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Market Update

Asian Markets End Higher

Asian markets ended higher Friday after robust gains on Wall Street overnight boosted investor confidence.

The Nikkei rallied 2.2%. Mainland Chinese markets opened for the first time this week following the Lunar New Year Holidays that began last Friday. The Shanghai Composite was initially down 0.2% as investors got their first chance to react to disappointing Chinese manufacturing data released during the 7-day long break. The index, however, recovered from the day's lows and ended 0.6% higher.