Vibrant neon signs and bright street lights glowing above the busy night traffic of taxis, double decker buses and pedestrians along Nathan Road in the crowded Tsim Sha Tsui district of Kowloon, Hong Kong, China.Â
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Asia-Pacific markets traded mixed Tuesday as investors assessed U.S. President Donald Trump’s tariff threats.
Hong Kong’s Hang Seng Index fell 1.79%, while the Hang Seng Tech index plunged 2.91%.
Meanwhile, mainland China’s CSI 300 pared losses to trade flat.
South Korea’s Kospi index lost 0.60% in choppy trade while the small-cap Kosdaq declined 1.31%.
Over in Australia, the S&P/ASX 200 ended the day flat at 7,942.50. The country’s budget will be tabled by Treasurer Jim Chalmers later in the day.
Japan’s benchmark Nikkei 225 gained 0.54% in its final hour, while the broader Topix index increased 0.30%.
India’s benchmark Nifty 50 rose 0.23% while the broader BSE Sensex advanced 0.34%.
U.S. futures edged down marginally after the three key Wall Street indexes logged gains overnight.
The Dow Jones Industrial Average jumped 597.97 points, or 1.42%, to end at 42,583.32. The S&P 500 added 1.76% and closed at 5,767.57, while the tech-heavy Nasdaq Composite gained 2.27% to settle at 18,188.59.
Shares of Tesla, which have fallen for nine straight weeks, rose nearly 12%, adding to their Friday gains. Meta Platforms and Nvidia climbed more than 3%.
— CNBC’s Pia Singh, Brian Evans and Hakyung Kim contributed to this report.