Global Markets: Asia stocks pull ahead on U.S. stimulus, oil rebound

Asian stock markets rose on Thursday as the combination of a rebound in crude prices from historic lows and the promise of more U.S. government aid to cushion the coronavirus-ravaged economy helped calm nervous markets. Better-than-expected U.S. corporate earnings also lifted equities, analysts said, though overall sentiment remained fragile as the pandemic cut a destructive path through the world economy. MSCI's broadest index of Asia Pacific shares outside of Japan bounced from two-week lows to be up 0.5% at 460.43 points.

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