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

Airbus shares fall 10% on reports of new quality issue on dozens of A320 aircraft
World

Airbus shares fall 10% on reports of new quality issue on dozens of A320 aircraft

A Spirit Airlines Airbus A320 airplane approaches San Diego International Airport for a landing from Las Vegas on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images Shares of European aerospace giant Airbus fell more than 10% on Monday morning, following reports the company has discovered an industrial quality issue regarding dozens […]

Read More
India’s industrial output grew just 0.4% in October, missing estimates
World

India’s industrial output grew just 0.4% in October, missing estimates

Workers assemble mobile phones at a Dixon Technologies factory in Noida, India, on Jan. 28, 2021.  Bloomberg | Bloomberg | Getty Images India’s industrial production grew just 0.4% in October, indicating a sharp slowdown in the economy. The Index of Industrial Production (IIP) fell short of September’s 4% growth and is even lower than the 3.1% […]

Read More
Ukraine peace talks shift to Moscow — the big unknown is whether Putin will play ball
World

Ukraine peace talks shift to Moscow — the big unknown is whether Putin will play ball

Russia’s President Vladimir Putin and Chief of the General Staff Valery Gerasimov. Grigory Sysoyev | Afp | Getty Images All eyes are on Russia this week as talks over a peace plan to end the war in Ukraine shift to Moscow and step up a gear. U.S. Special Envoy Steve Witkoff is travelling to Russia […]

Read More