Asia-Pacific markets set to open mixed after Wall Street gains on revived AI trade

Asia-Pacific markets set to open mixed after Wall Street gains on revived AI trade


A landscaped Sunset shot over Osaka toward the Dojima River, we see the modern city skyline of Osaka in the shot, this is a beautiful shot of the sunset with beautiful orange colors, over the modern city.

©Fitopardo | Moment | Getty Images

Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained on a revived AI trade and hopes that the U.S. government shutdown would end soon.

On Monday stateside, Nvidia stocks jumped 5.8% to lead gains on the S&P 500. Other tech stocks rallied, including Google parent Alphabet, which advanced 4%, and Microsoft, which added 1.9% to end its eight-day losing streak.

Japan’s benchmark Nikkei 225 index was set for a higher open, with its futures contract in Chicago trading at 51,325, and its counterpart in Osaka at 51,260, against the index’s Monday close of 50,911.76.

Australia’s S&P/ASX 200 rose 0.12%.

Futures for Hong Kong’s Hang Seng Index pointed to a slightly lower open, trading at 26,643, against the index’s previous close of 26,649.06.

U.S. equity futures were little changed in early Asian hours.

Overnight, the Dow Jones Industrial Average climbed 381.53 points, or 0.81%, to end at 47,368.63. The S&P 500 gained 1.54% to settle at 6,832.43, while the Nasdaq Composite advanced 2.27% to finish at 23,527.17.

— CNBC’s Sean Conlon and Liz Napolitano contributed to this report.



Source

Venezuela shows how locals turn to Tether-issued USDT stablecoin as governments wobble
World

Venezuela shows how locals turn to Tether-issued USDT stablecoin as governments wobble

The Tether (USDT) stablecoin logo. Costfoto | Nurphoto | Getty Images Amid the U.S. military intervention in Venezuela, locals rushed to secure their savings by converting their bolívares to dollar-pegged digital tokens called USDT. The timing of the attack may have been surprising to some, but Venezuelans subsequent embrace of stablecoins wasn’t. From the Middle […]

Read More
These stocks are leading ‘meaningful breakthroughs’ in quantum computing, UBS says
World

These stocks are leading ‘meaningful breakthroughs’ in quantum computing, UBS says

With tech stocks benefiting from sky-high valuations, one quickly-growing corner could define the sector’s next chapter. That’s because quantum computing offers “extraordinary potential,” according to UBS, which highlighted several key stocks leading the industry. Quantum computing companies have gained the attention of Wall Street over the past year, particularly as Alphabet, IBM and Microsoft launched […]

Read More
Auto giant shares tumble on Trump’s tariff threat over Greenland
World

Auto giant shares tumble on Trump’s tariff threat over Greenland

The logo of the German car manufacturer Volkswagen can be seen on a vehicle in front of a VW dealership. Picture Alliance | Picture Alliance | Getty Images Shares of some of Europe’s biggest carmakers fell sharply on Monday morning, following U.S. President Donald Trump’s pledge to impose tariffs on several European countries over Greenland. […]

Read More