Asian markets rebounded strongly Tuesday as investors anticipated the return of trading on Wall Street after the long U.S. Labor Day holiday.
Tokyo’s benchmark Nikkei index gained 0.8%. The S&P/ASX index in Sydney rose one percent. Shanghai’s Composite index and Seoul’s KOSPI index finished 0.7% higher, and the TSEC index in Taipei gained 0.4%.
Hong Kong’s Hang Seng index is up 0.3% in late afternoon trading, and Mumbai’s Sensex is 0.8%.
In commodities trading, gold is trading at $1,937.50 an ounce, up 0.1%. U.S. crude oil is selling at $38.82 per barrel, down 2.3%, and Brent crude is selling at $41.79 per barrel, down 2%.
In futures trading, the Dow Jones and S&P 500 are trending positively, while the Nasdaq is down.