Sunset view of the Yarra River and Melbourne skyscraper business office buildings with evening skylines in Victoria, Australia. Australia tourism, modern urban life, or business finance and economy concept
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The Asia-Pacific market has been opened as investors await the extent to which the US President’s tariff impact on corporate revenue and economic data is expected from Wall Street this week.
Marketwatchers also closely monitored the development surrounding negotiations for trade deals between the US and regional countries.
Australian benchmark S&P/ASX 200 Started a 0.38% higher day.
In Korea, the Kospi index fell by 0.13%, while the small Kosdaq added 0.43%.
Hong Kong’s Hangsen Index futures were 21,999, referring to a slightly higher open compared to the HSI’s final closing of 21,971.96.
The Japanese market has been closed due to public holidays.
US futures changed little after three key benchmarks shook between profits and losses in Monday’s choppy session.
Within the state overnight, the S&P 500 was slightly higher, 0.06% higher, closing at 5,528.75. This is the day of the Broad-based index’s fifth straight win.
Meanwhile, the Nasdaq Composite fell 0.1%, finishing at 17,366.13, but the Dow Jones industrial average rose 114.09 points (0.28%) to settle at 40,227.59.
Four of the so-called “magnificent seven” companies – Amazon, Apple, Meta Platforms and Microsoft suffered short pressure during sessions ahead of their quarterly reporting. Apple and Meta platforms were modestly outperforming sessions, up about 0.4% each. Microsoft skid 0.2% and Amazon got 0.7% off.
-CNBC’s Sean Conlon and Pia Singh contributed to this report.
