Nikkei 225, Kospi, Hang Seng Index
Australia
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Asia-Pacific markets rose on Tuesday as investors watched the latest developments in the Iran war and US President Donald Trump considered postponing his meeting with Chinese President Xi Jinping “by a month or so” due to conflicts in the Middle East.
Trump was expected to go to China at the end of March.
International benchmark Brent crude futures lost 2.84% to end at $100.21 per barrel on Monday, while U.S. West Texas Intermediate futures fell 5.28% to $93.50. Brent was last up 1% at $101.58 a barrel and WTI was up 2% at $95.47.
of Australia S&P/ASX 200 added 0.27%. Australia’s central bank is expected to raise interest rates for the second time in a row, taking the policy rate to 4.1%, its highest level since April 2025, according to Reuters estimates.
of japan Nikkei 225 It rose 0.75% while the Topix rose more than 1%. South Korea’s kospi increased by 2.94%, while small-cap Kosdaq increased by 1.53%.
Memory makers SK Hynix and Samsung Electronics rose over 3% and 4% respectively. This comes after Nvidia CEO Jensen Huang said at Nvidia’s annual developer conference on Monday that he expects purchase orders between Blackwell and Vera Rubin chips to reach $1 trillion by 2027.
Hong Kong Hang Seng index Futures settled at 25,894 compared to the index’s last close of 25,834.02.
Stock futures were flat after major averages jumped overnight, driven by cooling oil prices.
Futures tied to the Dow Jones Industrial Average lost 46 points, or 0.1%. S&P 500 futures fell 0.1 percent, while Nasdaq 100 futures fell about 0.2 percent.
US stocks rose overnight while oil prices fell as Wall Street tried to rebound from another losing week as investors watched for the latest developments on the Iran war.
The Dow Jones Industrial Average closed at 46,946.41, up 387.94 points, or 0.83%. The S&P 500 index increased by 1.01 percent to 6,699.38 points, and the Nasdaq Composite index increased by 1.22 percent to 22,374.18 points.
Meta shares gained more than 2% on a report that the company planned to lay off more than 20% of its workforce, calling it “speculative.” Additionally, Nvidia shares are up more than 1% as the GTC conference kicks off on Monday.
—CNBC’s Sean Conlon and Pia Singh contributed to reporting.
