9.4 C
New York
Wednesday, July 28, 2021
HomeNewsAsia stocks rise after major Wall Street indexes hit record closing highs...

Asia stocks rise after major Wall Street indexes hit record closing highs overnight

SINGAPORE — Singapore is a city-state in Southeast Asia Asia-Pacific stocks appeared set for a positive start Tuesday, following overnight gains on Wall Street that sent the S&P 500 and Nasdaq Composite to new highs.

Futures indicated that Japanese stocks would open higher. The Chicago Nikkei futures contract was at 29,305, while the Osaka counterpart was at 29,240. This compares to the Nikkei 225’s most recent close of 29,161.80.

Australian stocks appeared to be on the rise as well, with the SPI futures contract at 7,368.0, compared to the S&P/ASX 200’s last close of 7,312.30.

The minutes of the Reserve Bank of Australia’s June monetary policy meeting will be released at 9:30 a.m. HK/SIN.

On Wall Street, the Nasdaq Composite rose 0.74 percent overnight to an all-time closing high of 14,174.14. The S&P 500 also set a new high, rising 0.18 percent to 4,255.15. The Dow Jones Industrial Average fell 85.85 points to 34,393.75.

Currencies

The US dollar index, which measures the greenback against a basket of currencies, was at 90.522, up from levels below 90.3 seen late last week.

The Japanese yen was trading at 110.01 per dollar, having recently fallen below 109.8 against the greenback. The Australian dollar was trading at $0.7713, down from $0.774 last week.

Here’s a rundown of what’s on the menu:

Australia: The minutes of the Reserve Bank of Australia’s June monetary policy meeting will be released at 9:30 a.m. HK/SIN

Visit for: Auto  |  Games  |  Health  |  How To  Latest Revies  |  News  |  Sports   |                    |  Tech  |  Outsourcing  |

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments