A HDR evening shot taken at sunset of the Tokyo skyline.
Fgm | E+ | Getty Images
Asia-Pacific markets climbed Wednesday, tracking Wall Street gains on investor optimism after U.S. President Donald Trump extended the deadline for a 50% tariff on European Union imports until July 9.
Japan’s benchmark Nikkei 225 rose 1.06%, while the Topix added 0.88%. South Korea’s Kospi rose 0.65% and the small-cap Kosdaq Index advanced 0.53%.
Australia’s S&P/ASX 200 rose 0.21%.
Hong Kong markets are poised to slip slightly with futures tied to the Hang Seng index at 23,328, compared to the benchmark’s last close of 23,381.99.
Australia is set to report its consumer price index later in the day, and the Reserve Bank of New Zealand is stipulated to release its monetary policy statement.
U.S. futures are little changed as investors awaited earnings results from Nvidia and the minutes from the Federal Reserve May meeting, due out Wednesday afternoon U.S. time.
Overnight, the three major stock averages closed higher. The Dow Jones Industrial Average gained 740.58 points, or 1.78%, to finish at 42,343.65, while the S&P 500 rose 2.05% to 5,921.54. Both snapped four-day losing streaks. The Nasdaq Composite popped 2.47% to 19,199.16 as technology names like Tesla saw outsized gains.
— CNBC’s Alex Harring and Lisa Kailai Han contributed to this report.
