Muslim worshipers break their fast and eat a meal on the last Friday of Ramadan, also known as Jumat-ul-Vida, at Jama Masjid Masjid in the old city of New Delhi, India.
Noor Photos | Noor Photos | Getty Images
Asia-Pacific markets extended Monday’s gains as technology stocks rebounded on Wall Street and investors focused on the latest business activity data from Australia, Japan and India.
S&P Global data showed that Australia’s composite purchasing managers’ index rose to 53.6 from 53.3 in March, hitting a two-year high.
Purchasing managers index data from Japan and India will be released later on Tuesday.
this S&P/ASX 200 Index After the PMI was announced, it opened up 0.32%.
Japan’s Nikkei 225 Index It opened 0.8% higher, while the Topix gained 0.66%.
Korean Cospi The Kosdaq rose 0.2%, with the small-cap Kosdaq rising 0.62%.
Hong Kong’s Hang Seng Index futures were at 16,681 points, opening weaker than the Hang Seng Index’s closing point of 16,511.69 points.
Overnight in America, S&P 500 Index and Nasdaq Index The two ended six consecutive declines, rising 0.87% and 1.11% respectively, while Dow Jones Industrial Average up 0.67%,
A favorite among chipmakers and artificial intelligence Nvidia Shares rose 4.4%, rebounding from a nearly 14% selloff last week that was the worst since September 2022. Arm Holdings It also rebounded nearly 7% on Monday.
U.S. crude prices fell after Iran said it would not escalate its conflict with Israel. Investors have been worried that rising oil prices could lead to inflation, causing the Federal Reserve to delay cutting interest rates.
—CNBC’s Brian Evans and Jesse Pound contributed to this report.
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