TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walking through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s main consumer price index climbed 3.3% in June, beating the U.S. figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and 28. (Photo by Tomohiro Ohsumi/Getty Images)
Tomohiro Ohsumi | Getty Images News | getty images
Asia-Pacific markets were set to open higher on Tuesday, as gains were seen on Wall Street. Apple share.
Japan’s benchmark Nikkei 225 The index was set to open higher, with its futures contract in Chicago trading at 49,855, and its counterpart in Osaka trading at 49,610, while the index closed at 49,185.5 on Monday.
Investors await Japan’s parliamentary vote to elect Sanae Takachi as the country’s next prime minister, with the right-wing opposition Japan Innovation Party saying on Monday it is ready to support his premiership.
Australia’s ASX/S&P 200 rose 0.50%. Shares of the country’s rare earth companies rose after Prime Minister Anthony Albanese and US President Donald Trump Put signature on A key minerals deal aimed at countering China’s dominance was signed on Tuesday.
Australia’s Lynas Rare Earths rose 3.8%, Iluka Resources rose nearly 6%, Pilbara Minerals rose 4.7%. VHM rose more than 30%, while Northern Minerals rose nearly 15%.
futures for hong kong Hang Seng Index The index traded at 26,232, against its previous close of 25,858.83, pointing to a higher open.
Indian markets are closed due to holidays.
US equity futures were little changed in early Asian hours, ahead of a busy earnings week from big-name companies and inflation data.
Apple shares surge after Loop Capital leads three major US benchmarks overnight upgrade Have to buy it from hold.
Dow Jones Industrial Average It closed at 46,706.58, up 515.97 points or 1.12%. S&P 500 also closed 1.07% higher at 6,735.13, while nasdaq composite It closed 1.37% higher at 22,990.54.
— CNBC’s Sean Conlon and Piya Singh contributed to this report.