TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk in the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core CPI rose 3.3% in June, surpassing the US figure for the first time in eight years, as the Bank of Japan holds its monetary policy meeting on July 27-28. (Photo by Tomohiro Ohsumi/Getty Images)
Tomohiro Ohsumi | Getty Images News | Getty Images
Asia-Pacific markets are set to open higher on Tuesday, after technology stocks rebounded on Wall Street following a rise in shares of parent company Google. And hopes for an interest rate cut by the Federal Reserve.
Optimism about Alphabet’s place in the AI race began last week after the tech giant Announce Upgraded AI model, Gemini 3. The stock closed 6.31% higher on Monday. Other AI related stocks, e.g Broadcom and Micron technologyIt also rose, building on a broader rebound that began on Friday, when the head of the New York Fed announced Leave the door open for interest rate cuts in December.
Japan standard Nikki 225 The index was poised for a higher open, with futures in Chicago trading at 49,580, and its counterpart in Osaka at 49,600, versus the index’s close on Monday at 48,625.88.
Australia’s ASX/S&P 200 index rose 0.14% in early trading.
Hong Kong futures Hang Seng Index It indicated a higher opening, trading at 25,874, versus the previous index close of 25,716.5.
US stock futures were little changed in the early Asian hours.
overnight, Standard & Poor’s 500 The index rose 1.55% to close at 6,705.12 points Nasdaq Composite The stock jumped 2.69% to settle at 22,872.01 points. It was the best day for the tech-heavy index since May 12, when it rose 4.35%. the Dow Jones Industrial Average The stock rose 202.86 points, or 0.44%, to close at 46,448.27 points.
— CNBC’s Sean Conlon and Yun Li contributed to this report.
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2025-11-25 00:17:00
