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.
Analysis: How Inter Milan won its 20th Serie A title and Inzaghi his first as coach
China defeats Brazil, to battle Poland in VNL Finals semis
Xi Story: A Champion of Closer People
Team China makes flying start at Sudirman Cup
As Blinken heads to China, these are the major divides he will try to bridge
Development to remain the focus in 75th year of nation's founding
U.S. chip company Micron settles IP lawsuit with Chinese firm
David Beckham's best pal Dave Gardner reveals guests at Victoria's star
China defeats Brazil, to battle Poland in VNL Finals semis
Car ploughs into primary school and sparks mass evacuation of pupils
Netherlands, Senegal, England, U.S. advance