Asia-Pacific marketplaces increase in advance of U.S. inflation report South Korea stocks up on return immediately after getaway

Asia-Pacific marketplaces increase in advance of U.S. inflation report South Korea stocks up on return immediately after getaway


A guy appears at an digital quotation board displaying stock charges on the Tokyo Inventory Trade in Tokyo on August 2, 2022.

Kazuhiro Nogi | AFP | Getty Photographs

Asia-Pacific marketplaces had been increased on Tuesday as traders glance in advance to the U.S. inflation report for the thirty day period of August.

The Nikkei 225 in Japan obtained .26%, and the Topix index ticked .18% greater. In Australia, the S&P/ASX 200 rose .6%.

South Korea’s Kospi rose 1.78% on its return to trade following a holiday break Monday, and the Kosdaq jumped 1.9%. MSCI’s broadest index of Asia-Pacific shares exterior Japan received .35%.

Mainland China and Hong Kong markets will resume trading just after a getaway.

Overnight in the U.S., the Dow Jones Industrial Average extra 229.63 points, or .71%, to finish at 32,381.34. The S&P 500 received 1.06% to 4,110.41, and the Nasdaq Composite greater 1.27% to 12,266.41.

Headline inflation in the U.S. is envisioned to decrease in August, in accordance to a Dow Jones survey. But main inflation, excluding power and food, is projected to increase. Headline CPI is expected to arrive in at 8%, in contrast with 8.5% in July.

— CNBC’s Jesse Pound, Carmen Reinicke and Patti Domm contributed to this report.



Source

Asia-Pacific markets rise after Wall Street benchmarks hit record highs
World

Asia-Pacific markets rise after Wall Street benchmarks hit record highs

Japan’s Nikkei 225 share average rises in early trade Japan’s  rose in early trade Tuesday, as markets reopened after the ruling party lost its majority in the upper house over the weekend. The 225-stock share average advanced 1.12% to hit 40,254.18 at 9.17 a.m. local time (8.17 p.m. ET Monday), while the broader Topix index added […]

Read More
Stock futures are little changed after S&P 500 posts another record close: Live updates
World

Stock futures are little changed after S&P 500 posts another record close: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on July 18, 2025, in New York City. Angela Weiss | AFP | Getty Images Stock futures were little changed on Monday night after the S&P 500 and Nasdaq Composite hit fresh records. Futures tied to the Dow Jones […]

Read More
Why the manager of a  billion fund is cooling off his European defense investments
World

Why the manager of a $2 billion fund is cooling off his European defense investments

A fund manager who oversees assets worth close to $2 billion told CNBC that the European defense bull run may soon begin to cool off as valuations hit “extreme” levels. Speaking to CNBC’s “Europe Early Edition” on Monday, London-based Stephen Yiu, who manages the £1.4 billion ($1.9 billion) Blue Whale Growth Fund , said he […]

Read More