Asian Shares Mostly Advance After U.S. Stocks Rally Following Midterms

Asian shares were mostly higher after U.S. stocks rallied following the midterm election, ABC News reported in a wire story. The report is available at ABC News wire report on Asian shares, and this account draws only on its headline and summary.

ABC News reported that the Dow Jones Industrial Average was "jumping more than 3%" as U.S. stocks rallied, according to the wire summary. The summary does not give the index's closing level, the time of the move, or a figure for any other U.S. benchmark.

The headline also says the Kospi fell while most other Asian shares advanced, ABC News said. The summary does not say how far the Kospi declined, which regional markets rose, or how many of them did so.

ABC News did not identify the cause of the U.S. rally in the material available for this account, and it did not attribute the Asian gains or the Kospi decline to any specific development. This report does not draw on other outlets' accounts of the election's effect on markets.

As reported by ABC News, the facts available so far are limited. Asian shares were mostly higher, U.S. stocks rallied after the midterm election, the Dow jumped more than 3 percent in the summary's account, and the Kospi fell. Further detail was not present in the material reviewed.

The midterm election and the market response are described together in the same ABC News summary. Neither the election nor the market move is given a date in the material reviewed, so none is stated here.

Sources: ABC News: Asian shares mostly advance following US midterms, though Kospi falls.