A landscaped Sunset shot over Osaka toward the Dojima River, we see the modern city skyline of Osaka in the shot, this is a beautiful shot of the sunset with beautiful orange colors, over the modern city.
©Fitopardo | Moment | Getty Images
Asia-Pacific markets rose Tuesday after Wall Street gains on revived artificial intelligence optimism and growing hopes that the U.S. government shutdown will end soon.
On Monday stateside, Nvidia stocks jumped 5.8% to lead gains on the S&P 500. Other tech stocks rallied, including Google parent Alphabet, which advanced 4%, and Microsoft, which added 1.9% to end its eight-day losing streak.
Japan’s benchmark Nikkei 225 index climbed 0.91%, while the Topix index was 0.52% higher. AI-related stocks were among the top movers, with conglomerate SoftBank adding 3.57% and chipmaker Renesas Electron jumping 4.35%.
Shares of Orix rose 0.49% after the Japanese financial conglomerate announced Tuesday a partnership with Qatar’s sovereign wealth fund, Qatar Investment Authority, to launch a $2.5 billion private equity fund.
The fund will invest in Japanese companies, “primarily targeting business succession, privatization of listed companies, and carve-outs,” valued at least 30 billion yen (about $200 million), Orix said in a press release. Orix and QIA will contribute 60% and 40%, respectively.
South Korea’s Kospi index rose 1.94%, extending gains for a second straight day after leading an AI recovery rally across the region Monday. Index heavyweights Samsung Electronics added 4.97% while SK Hynix soared 4.62%. The small-cap Kosdaq was up 1.38%.
Australia’s S&P/ASX 200 rose 0.25%.
Hong Kong’s Hang Seng Index climbed 0.4%, while the mainland’s CSI 300 index was flat.
Shares of Chinese electric vehicle maker Xpeng skyrocketed more than 13%, soaring for the second straight day, after it launched robotaxis and humanoid robots with self-developed AI chips at its event last Wednesday. The company’s shares had jumped more than 16% in Monday’s session.
U.S. equity futures were little changed in early Asian hours.
Overnight, theDow Jones Industrial Averageclimbed 381.53 points, or 0.81%, to end at 47,368.63. TheS&P 500gained 1.54% to settle at 6,832.43, while theNasdaq Compositeadvanced 2.27% to finish at 23,527.17.
— CNBC’s Sean Conlon and Liz Napolitano contributed to this report.
