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.



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