Asian markets opened higher on Tuesday, tracking strong cues from Wall Street as investors reacted positively to U.S. political reassurances and expectations of a stable rate environment. Key indices across the region posted gains in early trade.
Japan’s Nikkei 225 surged 484.43 points or 1.42% to 34,705.03, supported by gains in technology and export-oriented stocks. The index rebounded from its previous sessions’ cautious trend, following improved risk sentiment globally.
South Korea’s Kospi rose 25.74 points or 1.04% to 2,512.38, extending its recent rally amid optimism around earnings season and investor appetite for semiconductor stocks.
Hong Kong’s Hang Seng index was the standout performer, rising sharply by 517.87 points or 2.35% to 22,080.19. The rally came amid easing concerns around geopolitical tensions and bargain hunting in heavyweight Chinese tech shares.
Meanwhile, India’s GIFT Nifty also edged up 0.81% or 195 points to 24,372, hinting at a positive start for domestic equities.
The gains in Asian markets follow an overnight rally in U.S. markets, where the Dow Jones Futures gained over 413 points and the Nasdaq surged 2.71%. Investor sentiment was lifted after Donald Trump stated he has “no intention of firing” Federal Reserve Chair Jerome Powell, which reassured markets on policy continuity.
Disclaimer: The above market-related information is for informational purposes only and should not be construed as investment advice. Readers are advised to consult their financial advisors before making any investment decisions. The performance data is based on available market snapshots at the time of reporting and may be subject to change.
