Most Asian Stocks Follow U.S. Gains
Asian stocks followed their U.S. peers higher amid optimism over President Donald Trump leaving hospital and that lawmakers will move closer to providing more stimulus. The dollar remained under pressure and Treasuries steadied.
European stock markets are seen opening largely unchanged Tuesday, with investors pausing to digest the news of President Donald Trump’s to the White House and waiting for speeches from a series of central bankers.
- S&P 500 futures were little changed at 9:05 a.m. in Tokyo. The S&P 500 Index rose 1.8% Monday.
- Nasdaq 100 futures fell 0.1%.
- Japan’s Topix Index rose 0.4%.
- South Korea’s Kospi Index rose 0.5%.
- Australia’s S&P/ASX 200 fell 0.2%.
- Hang Seng futures rose 0.3%.
- The Bloomberg Dollar Spot Index fell 0.1%.
- The yen rose 0.1% to 105.69 per dollar.
- The euro rose 0.1% to $1.1790.
- The British pound rose 0.1% to $1.2992.
- The yield on 10-year Treasuries fell one basis point to 0.77%. It rose eight basis points Monday.
- West Texas Intermediate crude futures fell 0.2% to $39.15.
- Gold was little changed at $1,912 an ounce.