Asia markets generally set to increase as Wall Street comes off winning working day, but Australia set to fall

Asia markets generally set to increase as Wall Street comes off winning working day, but Australia set to fall


Japan ,Tokyo City skyline, Tokyo Tower. (Picture by: Dukas/Common Illustrations or photos Group via Getty Pictures)

Prisma By Dukas | Universal Images Group | Getty Pictures

Asia-Pacific marketplaces are largely set to increase as Wall Avenue arrived off a profitable working day on Monday. Names like Meta and Apple traded a bit bigger, while Nvidia added 1.8%. Shares of electric vehicle large Tesla inched up .1%.

Japan’s Nikkei 225 is set to rise after foremost gains in Asia on Monday, with the futures contract in Chicago at 32,310 and its counterpart in Osaka at 32,300 towards the index’s previous near of 32,169.99.

Japan’s unemployment level for July also arrived in increased than expected, at 2.7% in comparison with the 2.5% envisioned in a Reuters poll.

Futures for Hong Kong’s Cling Seng index stood at 18,300, pointing to a more powerful open in comparison with the HSI’s close of 18,130.74.

Nevertheless in Australia, futures for the S&P/ASX 200 place to a decreased open, at 7,137 as opposed to the past close of 7,159.

Overnight in the U.S., all three big indexes received ground, with the Dow Jones Industrial Average climbing .62% and the S&P 500 cup .63% limbed .63%. The Nasdaq Composite advanced .84%.

Monday’s rally was wide: 10 of the 11 sectors in the S&P 500 were optimistic. The only outlier was the utilities sector, which ticked decrease by .04%.

— CNBC’s Samantha Subin and Brian Evans contributed to this report



Supply

The tech sector still has legs in the second half, and Deepwater’s Gene Munster likes these names
World

The tech sector still has legs in the second half, and Deepwater’s Gene Munster likes these names

Tech stocks helped lift the S & P 500 to a record in the first half, but Deepwater Asset Management’s Gene Munster said the artificial intelligence trade still has room to run in 2025 — and he shared a couple of his picks. The broad market index made a stunning turnaround from its April lows […]

Read More
OPEC+ members agree larger-than-expected oil production hike in August
World

OPEC+ members agree larger-than-expected oil production hike in August

The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in Ankara, Turkey, on June 25, 2024. Anadolu | Anadolu | Getty Images Eight oil-producing nations of the OPEC+ alliance on Saturday agreed to lift their collective crude production by 548,00 barrels per day, as they […]

Read More
Engineer caught juggling multiple startup jobs is a cautionary tale of ‘extreme’ hustle culture, experts say
World

Engineer caught juggling multiple startup jobs is a cautionary tale of ‘extreme’ hustle culture, experts say

An engineer working on computer. Master | Moment | Getty Images The tech industry is reeling after a software engineer was exposed as working at several Silicon Valley startups at the same time — and experts say it’s a lesson on hustle culture gone too far. Soham Parekh, a software engineer from Mumbai, went viral […]

Read More