Asia-Pacific markets saw mixed performance on Tuesday, following gains on Wall Street, where the Dow Jones Industrial Average and the S&P 500 both reached new record highs.
Investors focused on trade data from South Korea, which reported a trade surplus of $6.7 billion in September, up from $3.7 billion in the previous month. Despite the positive trade data, South Korea’s Kospi and the small-cap Kosdaq saw marginal gains in a day of choppy trading.
In Australia, the S&P/ASX 200 rose 0.7% in early trading, while Japan’s Nikkei 225 climbed 1%. The broader Topix index also gained, rising 0.8%.
However, Mainland China’s CSI 300 dipped 1%, and Hong Kong’s Hang Seng Index was down by 0.3%, reflecting the cautious mood in some markets.
Meanwhile, on Wall Street, the S&P 500 advanced 0.77% to close at 5,859.85, while the Dow Jones rose 201.36 points, ending at 43,065.22. This marked the first time the Dow closed above the 43,000 mark. The Nasdaq Composite also saw gains, rising 0.87% to close at 18,502.69.
The mixed performance across Asia-Pacific markets came as investors weighed economic data and global trends following the strong showing from U.S. equities.
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