HONG KONG (AP) — Asian markets were higher early Friday after Wall Street rallied for the 3rd day, driven by hopes for the Federal Reserve to cut rates. Tokyo's Nikkei 225 surged 1.9% to 35,701.38 and the Kospi in South Korea gained 1% to 2,547.39.

U.S. stocks rallied further as better-than-expected profits for U.S. companies piled up, though CEOs say they're unsure whether it will last because of uncertainty created by President Trump's trade war.