ADR Report-ADRs climb in year-end rally; Asia in play

Newswire

By Cal Mankowski NEW YORK, Dec 27 (Reuters) - Overseas shares traded in the United States moved higher on Wednesday as stocks in general rallied in the year's final week of trading. The Bank of New York's index of leading ADRs was up 1 percent while the 30-share Dow Jones industrial average was up 0.8 percent at 12,506.89 in record territory. ADRs of Taiwan Semiconductor Manufacturing Co. rose 8 cents, or 0.7 percent to $11.00 on the New York Stock Exchange as Taiwan stocks shrugged ...

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