HONG KONG (AP) — Asian share benchmarks were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week before.
U.S. futures were mixed and oil prices rose.
Japan’s benchmark Nikkei 225 rose 0.3% to 37,552.16, despite the country’s manufacturing activity contracting for 11 straight months while approaching the break-even point in April.
A purchasing managers survey showed sentiment at 49.9, on a scale of up to 100 where 50 marks the break between expansion and contraction The yen weakened further, hitting a fresh 34-year low of 154.85 early Tuesday.
The Hang Seng in Hong Kong added 1.6% to 16,771.17 while the Shanghai Composite index slipped 0.8% to 3,019.64.
Australia’s S&P/ASX 200 climbed 0.4% to 7,683.50. South Korea’s Kospi dropped 0.2% to 2,624.73.
On Monday, the S&P 500 gained 0.5% to 5,010.60 to recover more than a quarter of last week’s rout. The Dow Jones Industrial Average added 0.7% to 38,239.98, and the Nasdaq composite jumped 1.1% to 15,451.31.
The Guess Who and B.T.O. rocker Randy Bachman has prized instruments up for auction
China Names Demonstration Cities for Childcare Services
Women Become Major Force in China's Tourism Consumption Market
Chongqing Launches Variety of Activities at Nighttime to Boost Night Economy
China celebrates 30 years of internet access, boasting over 1 billion users
Highlights of 2023 Chinese Table Tennis Super League
China's drone industry reports robust development: data
Peony Cultural Tourism Festival Kicks off in Wuding, SW China's Yunnan
Israel's Netanyahu says to increase pressure on Hamas
Spring Ploughing and Seedling Raising Start in SW China's Guizhou