MSCI’s broadest index of Asia-Pacific shares closed 1.39 percent higher.
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Stocks on world indexes and Treasury yields climbed Monday, while the dollar fell to a two-week low as political tensions in Europe eased. Italy's anti-establishment parties formed a coalition government earlier Friday to end three months of political deadlock.The dollar index fell 0.13 percent, with the euro up 0.21 percent to $1.1685 .Lingering trade disputes will also contribute to a challenging backdrop for the U.S. dollar in the weeks ahead, he added.The Dow Jones Industrial Average rose 174.7 points, or 0.71 percent, to 24,809.91, the S&P 500 gained 8.01 points, or 0.29 percent, to 2,742.63 and the Nasdaq Composite added 25.92 points, or 0.34 percent, to 7,580.25 .
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