Asia-Pacific markets rise after key Wall Street indexes gain overnight

Asia-Pacific markets rise after key Wall Street indexes gain overnight


Night shot of Sydney, Australia. Darling harbour in the middle left, looking right out to the horizon where the sun has just set.

Mike Mackinven | Moment Open | Getty Images

Asia-Pacific markets climbed Tuesday, after two key Wall Street benchmarks rose as investors awaited clarity on U.S. President Donald Trump’s tariff rollout.

Japan’s benchmark Nikkei 225 started the day 0.67% higher, while the broader Topix index was up 0.95%.

Japanese markets fell into correction territory in the previous session, with the Nikkei 225 falling 4.05% to end the day at a six-month low.

The Kospi index advanced 1.03% at the open while the small-cap Kosdaq added 1.12%.

Australia’s S&P/ASX 200 was up 0.67%, ahead of the Reserve Bank of Australia’s policy meeting later in the day. The central bank is widely expected to stand pat on interest rates at 4.1% as the country heads to the polls on May 3.

Futures for Hong Kong’s Hang Seng index stood at 23,237 pointing to a stronger open compared to the HSI’s Monday close of 23,119.58.

— CNBC’s Brian Evans and Lisa Kailai Han contributed to this report.



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