Asia-Pacific markets opened mixed on Tuesday, tracking gains on Wall Street that saw the S&P 500 and the Nasdaq Composite closing at record highs…
Asia-Pacific markets opened mixed on Tuesday, tracking gains on Wall Street that saw the S&P 500 and the Nasdaq Composite closing at record highs overnight.
Investors are looking forward to the upcoming release of the U.S. consumer price index on Thursday to gauge the path of the Federal Reserve's interest rate decisions.inched up 0.06% as shares of heavyweight Samsung Electronics gained 0.57%, even as the company's largest union continued its three-day strike as it seeks better pay.
"The facility, which is planned to start production at the end of 2026, will directly employ up to 5,000 people," he said on social media platform X. Last week,added 0.65%, even as the country's consumer sentiment for July dipped 1.1% compared with a 1.7% increase in the previous month. Australia's business confidence clocked a reading of 4 in June compared with -3 in the previous month.
Investors are also looking forward to the upcoming release of the U.S. consumer price index on Thursday for hints on the Federal Reserve's interest rate decision. Meanwhile, China's inflation data on Wednesday will provide insights on the state of the country's economic recovery.and Nasdaq closed at record highs. Earnings from some major financial giants and consumer companies are also on traders' watchlists this week.
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