Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan.<\/p>\n
Jaczhou | E+ | Getty Images<\/p>\n
Asia-Pacific markets rose after Wall Street gained for a third straight day as tech stocks rallied, with investors assessing the trade climate as the U.S. tones down tariff rhetoric.<\/p>\n
Japan’s benchmark Nikkei 225<\/a> rose 0.91% and the Topix added 0.88%. South Korea’s Kospi<\/a> climbed 1.03% while the small-cap Kosdaq rose 0.6% as South Korea reportedly inches closer<\/a> to striking a trade deal with the U.S.<\/p>\n Hong Kong’s Hang Seng index<\/a> opened 0.75% higher while mainland China’s CSI 300 inched up 0.3%.<\/p>\n Australian markets are closed for a holiday.<\/p>\n Futures linked to the S&P 500 were 0.3% higher, while\u00a0Nasdaq-100 futures<\/a>\u00a0gained 0.4%.\u00a0Futures tied to the Dow Jones Industrial Average<\/a>\u00a0hovered around the flatline.<\/p>\n Overnight stateside,\u00a0the three major averages closed higher thanks to strong gains in megacap tech names, as investors continued to look for signs of progress on the global trade front.<\/p>\n The\u00a0S&P 500<\/a>\u00a0ended up 2.03% at 5,484.77, while the tech-heavy\u00a0Nasdaq Composite<\/a>\u00a0added 2.74% to finish at 17,166.04. The\u00a0Dow Jones Industrial Average<\/a>\u00a0lagged the other two indexes, weighed\u00a0down\u00a0by a 6.6% drop in\u00a0IBM<\/a>, but still\u00a0added\u00a0486.83 points, or 1.23%, at 40,093.40.\u00a0<\/p>\n Shares of\u00a0Nvidia<\/a>,\u00a0Meta<\/a>,\u00a0Amazon<\/a>,\u00a0Tesla<\/a>\u00a0and\u00a0Microsoft<\/a>\u00a0all closed higher, propelling the major averages to their third day of gains in a row<\/p>\n “Investors are becoming more comfortable with the uncertainties of tariffs as earnings roll in,” said Louis Navellier, chairman and founder of Navellier & Associates. “The market seems to be positioning\u00a0itself for a near-term reduction in the current sky-high China tariffs,” he added.<\/p>\n \u2014 CNBC’s Lisa Kailai Han and Pia Singh contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan. Jaczhou | E+ | Getty…\n","protected":false},"author":2,"featured_media":48181,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[15193,4959,51,3085,2306,1395,2122,21347,2441,21349,15695,525,16,15,49],"class_list":{"0":"post-48180","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-asia-economy","9":"tag-breaking-news-markets","10":"tag-business","11":"tag-business-news","12":"tag-chicago","13":"tag-china","14":"tag-japan","15":"tag-kospi-index","16":"tag-markets","17":"tag-nikkei-225-index","18":"tag-osaka","19":"tag-south-korea","20":"tag-uk","21":"tag-united-kingdom","22":"tag-united-states"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114396188048709437","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/48180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=48180"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/48180\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/48181"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=48180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=48180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=48180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}