Asia markets set to trade mostly higher, tracking gains on Wall Street

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Asia-Pacific markets were acceptable to commercialized mostly higher Tuesday, tracking Wall Street gains boosted by tech stocks.

Japan's benchmark Nikkei 225 was acceptable to unfastened higher and notch a 2nd consecutive time of gains aft the country's Prime Minister Shigeru Ishiba announced his resignation Sunday. The futures declaration successful Chicago was astatine 43,975, portion its counterpart successful Osaka was astatine 43,980, against the index's past adjacent of 43,643.81.

"Investors are betting that the adjacent person from the ruling Liberal Democratic Party (LDP) could unleash a caller question of fiscal stimulus to bolster the economy," XTB Investing's elder marketplace expert Hani Abuagla wrote successful a note.

Futures for Hong Kong's Hang Seng index stood astatine 25,643, marginally higher than its past adjacent of 25,633.91.

Australia's benchmark S&P/ASX 200 was acceptable to rise, with futures lasting astatine 8,826, little than the index's adjacent of 8,849.6.

Overnight stateside, the 3 large averages closed higher. The Nasdaq Composite closed astatine a grounds precocious arsenic investors geared up for a data-heavy week that includes 2 intimately watched readings connected inflation.

The tech-heavy Nasdaq finished up 0.45% astatine 21,798.70, a grounds precocious aft hitting a caller all-time intraday precocious successful the session. The S&P 500, meanwhile, settled up 0.21% astatine 6,495.15, portion the Dow Jones Industrial Average rose 114.09 points, oregon 0.25%, to adjacent astatine 45,514.95.

The determination higher was led by a emergence successful shares of chipmaker Broadcom, which gained 3%, and artificial quality darling Nvidia, whose astir 1% beforehand reversed immoderate of its steep losses from the past month. Amazon and Microsoft were besides higher.

— CNBC's Brian Evans and Sean Conlon contributed to this report.

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