Asia-Pacific markets set to open higher, tracking Wall Street gains on tech stocks rally

Asia-Pacific markets were acceptable to unfastened higher Tuesday, tracking Wall Street gains connected tech stocks' rally.

Australia's ASX/S&P 200 was poised to unfastened higher, with its futures declaration trading astatine 8,867, against the index's past adjacent of 8,810.9.

Hong Kong's Hang Seng Index was acceptable to unfastened higher, with its futures declaration past traded astatine 26,396, against the index's erstwhile adjacent of 26,344.14. Hong Kong is bracing for a terrible typhoon. The Hong Kong Observatory warned that conditions volition statesman to worsen aboriginal Tuesday, with Super Typhoon Ragasa expected to marque its closest attack to the Pearl River Estuary Wednesday morning.

Japan markets are closed for the holiday.

India tech stocks volition proceed to beryllium successful absorption aft falling Monday. U.S. President Donald Trump announced late past Friday a $100,000 visa interest for caller H-1B visas, which are reserved for high-skilled overseas workers. Of the astir 400,00 H-1B visas issued successful 2024, 71% were for Indian nationals, according to U.S. authorities data.

Singapore is expected to merchandise its ostentation information for August aboriginal successful the day.

Overnight stateside, the 3 large averages ended the trading time higher. The S&P 500 reached caller heights led by a determination higher in Nvidia, arsenic a partnership announcement with OpenAI fueled capitalist optimism astir the aboriginal of artificial intelligence.

The wide marketplace scale ended the time up 0.44% astatine 6,693.75, portion the Nasdaq Composite jumped 0.70% to decorativeness astatine 22,788.98. The Dow Jones Industrial Average climbed 66.27 points, oregon 0.14%, to settee astatine 46,381.54. Along with the S&P 500, the Nasdaq and Dow had deed caller all-time intraday highs during the league and closed astatine grounds highs.

— CNBC's Sarah Min and Sean Conlon contributed to this report.