Asian markets have surged after Wall Street finished a winning week, overcoming worries over bank lending and the trade war with China. U.S. futures edged higher while oil prices fell. Japan's benchmark Nikkei 225 jumped 2.9%, briefly hitting a new record, after its ruling Liberal Democrats found a new coalition partner, securing support for its leader Sanae Takaichi to become the country’s first female prime minister. On Friday, the S&P 500 rose 0.5% and the Dow industrials also added 0.5%. The Nasdaq composite climbed 0.5%. Bank stocks steadied on Friday, while President Donald Trump eased some trade concerns after saying very high tariffs on China are not sustainable.
