Asian stocks were set to rise at their market open on Tuesday after gains in U. S. technology shares drove the sector to a stateside record high overnight.
Asian stocks were set to rise at the market open on Tuesday after gains in U. S. technology shares drove the sector to a record stateside high.
Futures tipped a higher open for Japan on Tuesday, with Nikkei futures traded in Chicago up 0.33 percent compared to the index’s last close. Australian SPI futures were higher by 0.28 percent at the end of Monday.
U. S. stocks closed narrowly mixed in the overnight session, with technology shares advancing to a record high in the lead up to major tech names reporting results for the quarter. The S&P 500 tech sector added 0.5 percent and closed at an all-time high, with the broader S&P 500 ending the day up 0.18 percent at 2,806.98. The tech-heavy Nasdaq Composite closed higher by 0.28 percent at 7,841.87.
The Dow Jones Industrial Average, however, shed 0.06 percent, or 13.83 points, to close at 25,044.29.
Google parent Alphabet jumped after the company reported expectations-topping second-quarter earnings and revenue on Monday.
